SBI to Divest 6.3% Stake in SBI Funds Management via IPO – All You Need to Know
State Bank of India (SBI), India’s largest lender, has officially approved selling a 6.3% stake in its flagship asset management arm, SBI Funds Management Limited (SBIFML), via an Initial Public Offering (IPO). The move, announced on November 6, 2025, represents a significant milestone in India’s financial markets, positioning SBI to unlock further value from its … Read more