Inc., which was part of the initial list of mandated advisers, pulled out over fees, the people said, asking not to be identified while discussing private matters. SBI Funds later replaced Citi with Jefferies Financial Group. Shareholders selling in the IPO — the state-run Capital Co., Low fees reflect a pattern seen in past government-linked deals. When Live EventsState Bank, SBI Funds Management and Citigroup didn’t respond to requests for comment. Amundi and JPMorgan declined to comment. Deliberations ...