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RBI blocks SBI's stake increase in Investec joint venture

after close1 source ↓written by the desknot a recommendation

with Investec
20% to 40%

The Reserve Bank of India has rejected SBI Capital Markets' request to raise its stake in a joint venture with Investec from 20% to 40%. The regulator cited concerns over overlapping business activities within SBI's group companies. This decision may impact SBI's strategic plans in the equity capital markets sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 31 Oct 2025, 21:11 IST.

Sourcesnews.google.com

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