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The Economic Times

Economy / The Economic Times

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SBM Bank India plans 26% stake sale, appoints consultant

SBM Bank India is considering selling a twenty-six percent stake to raise expansion funds. The bank has appointed a consultant and is currently at the Expression of Interest stage. The parent company recently infused seventy-five crore rupees and will provide more capital. SBM Bank India aims for significant credit growth and is strengthening its digital wealth offerings.

7 Sep 2026 9:00 pm