SBI board clears plan to sell 32 million shares in SBI Funds Management, India’s largest AMC, through IPO by 2026 ...
SBI Mutual Fund plans IPO in 2025; SBI and Amundi to divest 9.7% stake, making it SBI’s third listed subsidiary after SBI ...
The State Bank of India (SBI) announced plans for an Initial Public Offering (IPO) of its mutual fund arm, SBI Funds ...
SBI will divest a 6.3% stake in SBI Funds Management, while Amundi India Holding will sell 3.7% through an IPO in 2026 that ...
Incorporated in 1992, and currently owned by SBI (61.9%), Amundi (36.4%) and others (including Employee Stock Ownership Programs) 1 SBIFM has become the leader in the Indian asset management industry, ...
State Bank of India (SBI) is set to take its asset management arm public. The executive committee of the lender's board has ...
State Bank of India and Amundi India Holding are set to divest a combined 10.0013% stake in SBI Funds Management Limited ...
The move follows RK Damani’s Rs 90-crore pre-IPO investment; Moneycontrol was the first to report on SBI MF’s planned ...
SBI said in a statement that both promoters have jointly initiated the IPO process, which is expected to be completed in 2026 ...
SBI, which currently holds 61.9% of the asset manager, will offload 6.3% of its stake, while Amundi, which owns 36.4%, will ...
SBI plans to list SBI Mutual Fund and SBI General Insurance to unlock shareholder value, Chairman CS Setty said at BS BFSI ...
MUMBAI: State Bank of India said it will divest 3.2 crore shares, or 6.3%, of its stake in SBI Funds Management through an ...