कोशिश गोल्ड - मुक्त
SBI, Amundi to sell 10% stake in SBI Funds Management via IPO
Mint Mumbai
|November 07, 2025
India's largest mutual fund house is ready to test public market waters. SBI Funds Management Ltd-a joint venture between the country's biggest bank State Bank of India (SBI) and France's Amundi, one of Europe's largest asset managers-will see its parent companies sell a combined 10% stake through an initial public offering (IPO).
SBI chairman Challa Sreenivasulu Setty.
The IPO framework agreement is expected to be signed on 10 November, with the entire process likely to be finalised sometime in 2026, according to a stock exchange filing by SBI on Thursday.
The move, cleared by SBI's executive committee of the central board (ECCB), marks the third marquee listing from the SBI stable-after SBI Cards and SBI Life Insurance-and aligns with the government's broader push for state-run banks to unlock value from their subsidiaries.
यह कहानी Mint Mumbai के November 07, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Mint Mumbai से और कहानियाँ
Mint Mumbai
From paper trails to portals: Guide to online MF transfers
CAMS and KFin Tech’s fully online facility allows investors to transfer MF units to anyone
4 mins
November 12, 2025
Mint Mumbai
Gig workers face hard reset after best-ever festive season
After record seasonal hiring during the festival period, gig workers stare an unusually lean period thisnew year.
3 mins
November 12, 2025
Mint Mumbai
Equities lose shine
With uncertainty lingering over the global economic environment, October saw the participation of investors in equity mutual funds slump.
1 min
November 12, 2025
Mint Mumbai
Tata Trusts board inducts Noel Tata's son Neville, Bhaskar Bhat
Tata Trusts on Tuesday inducted Neville Tata, son of Noel Tata, and Bhaskar Bhat, former Titan Co.Ltd chief executive, on the board of Sir Dorabji Tata Trusts (SDTT).
3 mins
November 12, 2025
Mint Mumbai
INDIA’S PUBLIC BANKS: THE 500% MARKET MYSTERY
India’s public sector lenders look poised for another phase of wealth creation
9 mins
November 12, 2025
Mint Mumbai
Milei's reforms have put Argentina on a path to success
Heading into Argentina’s legislative elections this month, commentary about [its] economic and financial prospects was growing increasingly pessimistic.
3 mins
November 12, 2025
Mint Mumbai
CHASING GAINS, MISSING OPPORTUNITIES: THE PSYCHOLOGY OF MARKET VOLATILITY
The Indian market in 2025 has had three chapters. It began with sharp volatility from valuation corrections and geopolitical uncertainty, then saw a recovery-led rally driven by strong financials, large-cap gains, and modest FII inflows over four months. Volatility has returned amid tariff worries and FII outflows. While unpredictable and unsettling, market swings are natural, especially in emerging markets like India. Recognising the psychological traps of volatility can help investors stay informed and maintain course.
2 mins
November 12, 2025
Mint Mumbai
India tells UNSC it has suffered from cross-border terrorism
India has suffered from cross-border terrorism carried out using illicit weapons trafficked across its borders, New Delhi's envoy at the United Nations (UN) has said, in a thinly-veiled reference to Pakistan.
1 min
November 12, 2025
Mint Mumbai
Kae Capital’s maiden fund delivers 5x returns
Kae Capital’s $25 million maiden fund has delivered over a 5x multiple on invested capital across its India and overseas vehicles, following a series of recent secondary transactions in two of its earliest bets—Porter and HealthKart.
1 min
November 12, 2025
Mint Mumbai
Plan to get urban co-op banks SRO status: NUCFDC
The National Urban Cooperative Finance and Development Corporation (NUCFDC) plans to seek Self-Regulatory Organisation (SRO) status for cooperative banks from the Reserve Bank of India in the next two months, as it is near the ₹300 crore paid-up capital threshold, said a top NUCFDC official in an interview.
1 min
November 12, 2025
Listen
Translate
Change font size