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India's SBI to sell 1.42% stake in SBI Funds ahead of IPO

Written By: TDG Syndication
Last Updated: July 10, 2026 02:20:04 IST

July 9 (Reuters) – State Bank of India has agreed to sell a 1.42% stake in its asset management unit SBI Funds Management to a group of 30 investors for about 16.55 billion rupees ($173.52 million)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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