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SBI to sell 8.25% stake in UTI AMC via IPO
December 4, 2019 | By Moneycontrol.com
business
SBI will sell by way of offer for sale of upto 1,04,59,949 equity shares.
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The country's largest lender State Bank of India has decided to sell its 8.25 percent stake in UTI AMC through an initial public offering. SBI, LIC, Punjab National Bank and Bank of Baroda each hold 18.5 percent stake in the UTI AMC. The remaining stake is h
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