Question
___________ will sell 6% stake in SBI Mutual Funds
which is a joint venture between State Bank of India and France’s Amundi Asset management.Solution
State Bank of India is looking to offload 6% of its stake in its mutual fund arm SBI Mutual Funds is a joint venture between State Bank of India and France’s Amundi Asset management. Currently, SBI has a 63% stake in the fund house, while Amundi Asset Management holds the remaining 37 per cent stake. Â
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