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    ALPHA TRIBE

    State Bank of India — Updates, 09-07-2026: General Updates

    09-07-2026 | 11:03 pm

    SBI sold 2.88 crore shares (1.4156% stake) of its subsidiary, SBI Funds Management, to 30 investors for ₹1,655 Cr at ₹574 per share. This pre-IPO sale monetizes value ahead of SBIFM's upcoming IPO.

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