What is the minimum stake that the Union government has to maintain in the State Bank of India according to the prevailing rules?

The government, which is currently required to hold at least 55 per cent stake of the bank, intended to introduce a legislation in both houses of parliament and secure approval when law makers reconvene this month, the official said, declining to be named before an announcement. The government holds 59.4 per cent of SBI, according to Bloomberg data.