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Smt. Arundhati Bhattacharya, Chairman of SBI has stated that shares of SBI will be sold this year and the process is being considered. It will be worth$ 2.3 billion, she said.

The merger of Associated Banks with SBI and other actions taken by the government is intended to weaken the SBI and then disinvest.

Will the next in line be Reserve Bank of India?

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