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State Bank Of India has informed the Exchange that: "State Bank of India has entered into definitive agreement with T. Rowe Price for proposed divestment of 6.5% stake in UTI Asset Management Company and UTI Trustee Company. SBI currently holds 25% share in each of the above Company. Post divestment, SBIs shareholding in each of these Companies will be reduced to 18.5%. The transaction is subject to requisite Statutory and Regulatory approvals".
10.31 AM Nov 9th 2009  | Track

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India gold demand returns as prices ease. Will gold prices correct further?
Yes
No

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