Mumbai, March 4 -- The Executive Committee of the Central Board of Directors of State Bank of India approved the divestment of Bank's entire stake, i.e., 7,90,80,000 equity shares at a price of Rs 13.22 per equity share in Jio Payments Bank to Jio Financial Services realizing Rs 104,54,37,600/-, subject to all regulatory approvals.

Published by HT Digital Content Services with permission from Capital Market....