SBI, French partner Amundi to divest 10% in SBI Funds via IPO
The Economic Times·2025-11-07 01:30
Core Viewpoint - State Bank of India and France's Amundi are planning to sell a 10% stake in SBI Funds Management through an initial public offering, with SBI divesting 6.3% and Amundi 3.7% [1] Group 1 - The IPO is expected to be completed in 2026 [1] - SBI Funds Management will be the third subsidiary of SBI to list [1]