Poging GOUD - Vrij
SBI announces IPO of its mutual fund arm
Financial Express Lucknow
|November 07, 2025
French asset manager Amundi to sell 3.7% stake
STATE BANK OF India (SBI) on Thursday announced plans to take its asset management arm, SBI Funds Management (SBIFML) — the country’s largest fund house with assets under management (AUM) of ₹12.05 lakh crore — public through an initial public offering (IPO).
“The Executive Committee of the Central Board (ECCB) of SBI has accorded approval to divest 32.06 million equity shares, equivalent to 6.3007% of the total equity capital of SBI Funds Management through an initial public offering, subject to all regulatory approvals,” the bank said in a stock exchange filing.
Dit verhaal komt uit de November 07, 2025-editie van Financial Express Lucknow.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Express Lucknow
Financial Express Lucknow
The role of language in shaping identity
China’s new gender-neutral pronoun is part of a global linguistic shift
3 mins
January 11, 2026
Financial Express Lucknow
Democracy in decay
How the ideals of the Constitution fail to percolate down to the masses
2 mins
January 11, 2026
Financial Express Lucknow
India, EU express strong will to conclude FTA early
TRADE TALK
2 mins
January 11, 2026
Financial Express Lucknow
Budget likely to focus on debt goals & fiscal deficit
More investment, efficiency for high growth: EAC head 'Strong turnaround for banking'
1 min
January 11, 2026
Financial Express Lucknow
Tradition with a twist
Piyush Mohnani, marketing head of fashion brand Asuka Couture.
3 mins
January 11, 2026
Financial Express Lucknow
A new sheriff in town
TWO HUNDRED YEARS after the Monroe Doctrine was declared by the 5th President of the United States, and despite the widespread doubt about its power and efficacy, the doctrine was invoked by the 47th President of the United States.
3 mins
January 11, 2026
Financial Express Lucknow
Moroccan cave fossils yield a missing link in human origins
The new finding has a potential to revise theories on early human evolution
4 mins
January 11, 2026
Financial Express Lucknow
DIY URBANISM
How residents are cleaning, greening and reclaiming their cities, one filthy river, dumping ground, or neglected corner at a time
3 mins
January 11, 2026
Financial Express Lucknow
Greenland’s party leaders dismiss US control proposal
GREENLAND'S PARTY LEADERS have rejected President Donald Trump’s repeated calls for the US to take control of the island, saying that Greenland’s future must be decided by its people.
1 min
January 11, 2026
Financial Express Lucknow
Scientists find oldest poison residues on 60,000-year-old arrows
The poison hints at how far back in history humans have been using it for survival
2 mins
January 11, 2026
Listen
Translate
Change font size