New Enroll in RBI Grade B New Batch - Starts on May 21

    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 .

    Practice Next

    Relevant for Exams: