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Signage for SBI Funds Management Ltd. displayed at a news conference in Mumbai, India.
SBIFUNDMANAGEMENT4d ago

India's biggest IPO this year rakes in bids worth $31 billion, powered by institutional frenzy

SBI Fund Management just completed its initial public offering in India, drawing bids worth $31 billion. The share issue, which was the largest in the country so far this year, saw an oversubscription rate of 41.6 times.…

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