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SBI Readies Mutual Fund Venture For IPO

At $1 billion, SBIs first-time share sale could be Indias biggest.
At $1 billion, SBIs first-time share sale could be Indias biggest.
State Bank of India (SBI), the country's largest lender, is preparing for its mutual fund (MF) joint venture (JV) for an initial public offering (IPO), according to people familiar with the matter.
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