SBI Sells 1.42% Stake in SBI Funds Management for ₹1,655 Crore in Pre-IPO Deal
Bank of India signed pre-IPO share purchase agreements on July 9, 2026 to sell a 1.42% stake in SBI Funds Management India's largest AMC to 30 investors for ₹1,655 crore at ₹574 per share.
