The GOI purchased RBIs 59% stake in
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ICICI Bank
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NABARD
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NHB
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IDBI Bank
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SBI
E
Correct answer
Explanation
In 2007, the Reserve Bank of India (RBI) sold its 59% stake in State Bank of India (SBI) to the Government of India. This was done to eliminate the conflict of interest arising from RBI being both the banking regulator and a major shareholder in SBI.