SBI Life to launch India's first billion dollar IPO in 7 years
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Mumbai
SBI Life Insurance Co will launch next week what will be India's first billion dollar initial public offering since 2010, paving the way for a record-setting year for IPOs in the country.
SBI Life, a unit of top Indian lender State Bank of India (SBI), will open the share sale to the public on Sept 20 and close it on Sept 22, according to a filing.
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