SBI to Divest 6.3% Stake in SBI Mutual Fund Ahead of 2026 IPO; AMUNDI to Offload 3.7%

The State Bank of India (SBI) has announced plans to divest a 6.3 per cent stake in its mutual fund arm, SBI Funds Management Limited (SBIFML), through an initial public offering (IPO) expected to hit the market in 2026. The listing will mark SBI’s third major subsidiary to go pu

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