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New Delhi: State Bank of India (SBI) has sold 1.42 per cent stake in its asset management arm, SBI Funds Management Ltd (SBIFM), to 30 investors for Rs 1,655 crore in a pre-IPO placement round, the bank said. The lender sold the stake at Rs 574 per share, which is also the higher end of […]
SBI Sells 1.42% Stake for 1,655 Cr in Sbi Funds Management Ahead of Arm’s IPO
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