Question

In which of the following organizations, the Government of India holds less than 90 % shares?

A Punjab & Sind Bank Correct Answer Incorrect Answer
B LIC Correct Answer Incorrect Answer
C Indian Overseas Bank Correct Answer Incorrect Answer
D UCO Bank Correct Answer Incorrect Answer
E State Bank of India Correct Answer Incorrect Answer

Solution

The Indian government holds just a 57 . 6 % stake in the country's largest lender State Bank of India ( SBI ) , and the highest 98 . 25 % stake in Punjab & Sind Bank as of March 2022, the Rajya Sabha was informed . Ten years ago, the government's stake in SBI was 61 . 58 % , which has come down to 57 . 59 % as of March 2022 .

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