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SBI to divest 6.3% stake in SBI Funds Management via IPO
Updated : 6 months, 3 weeks ago IST
State Bank of India (SBI) on Thursday announced its decision to divest 3,20,60,000 equity shares, being equivalent to 6.3007 per cent of total equity capital of SBI Funds Management Limited (SBIFML) through Initial Public Offering (IPO), subject to regulatory approvals.
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