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SBI General Insurance, Mutual Fund under consideration for IPO

"However, the timelines are yet to be decided. But definitely, these two companies are strong contenders for listing,” the Chairman told reporters

Hyderabad: SBI Chairman C S Setty on Saturday said that SBI General Insurance and SBI Mutual Fund are under consideration for public listing, though no specific timeline has been decided.

Setty made the remarks during the launch of Specialised Health Insurance branches of SBI General Insurance in Telangana and Andhra Pradesh.

“I think in our portfolio, there are two companies we are seriously considering—one is the Asset Management Company (SBI Mutual Fund) and the other is SBI General Insurance. However, the timelines are yet to be decided. But definitely, these two companies are strong contenders for listing,” he told reporters here, on the sidelines of the event.

He was responding to questions about the initial public offering (IPO) plans for SBI General Insurance.

This post was last modified on August 9, 2025 7:16 pm

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Press Trust of India

Press Trust of India (PTI) is India’s premier news agency, having a reach as vast as the Indian Railways. It employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.

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