News From Press The LIC share sale is a valuer’s nightmare and a banker’s dream

The LIC share sale is a valuer’s nightmare and a banker’s dream

Source: Mint Feb 17, 2020

India’s largest lender, State Bank of India (SBI), has a balance sheet 2.7 times that of its private sector counterpart, HDFC Bank. Yet its market value is not even half that of HDFC Bank.

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