July 20 (Reuters) - State Bank of India SBI.NS :
* SBI and Brookfield Asset Management announce joint venture for distress
investments
* SBI - Proposed JV will independently evaluate and invest in various stressed
assets
* SBI - Brookfield will commit approximately 70 billion rupees and SBI up to 5%
of total investments into stressed assets
* SBI - Proposed JV may, at a later stage, seek participation from other
lenders in the identified assets