State-run Life Insurance Corp of India has raised its stake in top bank
State Bank of India by 2.12 per cent to 9.16 per cent through market
purchases, the state-run lender said in a stock exchange filing.


LIC bought 13.46 million shares between mid November and early March, the
filing showed.

Last month, India's second largest bank, ICICI Bank, said LIC had increased
its stake in the private lender to 9.38 per cent.

B.Karthick

Research Analyst

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