SBI General Insurance will consider an initial public offering “at the right time”, its Managing Director and CEO Pushan Mahapatra said on Friday, but indicated that there is no definite timeline for it.
“The IPO will happen at the right time. There is no decision as of now,” he said on the sidelines of an insurance conference organised by FICCI. SBI Life Insurance had listed on the bourses in 2017, and there has been expectation of a similar exercise by the general insurer as well, possibly this fiscal.