SBI Sells 1.42% Stake in SBIFM for Rs 1,655 Cr Pre-IPO
State Bank of India sold a 1.42% stake in its asset management arm, SBI Funds Management, for Rs 1,655 crore to 30 investors in a pre-IPO placement round ahead of SBIFM''s upcoming IPO.
Jul 10, 2026 13:53