State Bank of India (SBIN) — Related Party Transaction | 30 March 2025
State Bank of India (SBIN) convened a 9 May 2025 shareholder meeting to approve multiple material related party transactions (RPTs) with group entities including SBI Life, SBI Cards, SBI General Insurance, and regional banks. The agenda included appointing Parikh & Associates as Secretarial Auditor and seeking shareholder approval for RPTs exceeding Rs 1,000 crore or 10% of consolidated turnover. Transactions involve guarantees, securities trading, insurance premiums, and royalty payments, all requiring arm's length execution under SEBI Listing Regulations. Shareholders were instructed to participate via NSDL e-Voting from 5-8 May 2025, with specific login protocols for demat accounts.
About State Bank of India (SBIN)
Financial Services · Banks · Listed on NSE
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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
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