State Bank of India is selling a 1% stake in the NSE through sovereign wealth fund bids, utilizing pension and mutual funds.
2 reports, 1 independent
Updated Sep 23
Gone quiet
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
State Bank of India is selling a 1% stake in the NSE through sovereign wealth fund bids, utilizing pension and mutual funds.
Who's involved
What this event is mainly aboutKeep exploring
Part of
India's National Stock Exchange (NSE) is attracting international investors, including Morgan Stanley and Singapore's Temasek, while aiming to become a top global bourse.Also in this story
- Major institutional investors, including HSBC, Norges Bank, and Singapore's SWF, participated in the NSE IPO.
- NSE is pitching IPOs to global investors, with both NSE and BSE expected to host mega IPOs this year.
- NSE plans investor meetings in Singapore, Hong Kong, London, and the Middle East, with Morgan Stanley involved in the IPO.
The entities involved
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State Bank of India
Indian public sector bank and financial services organization
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Singapore
sovereign island country and city-state in maritime Southeast Asia
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SBI Capital Markets
Indian investment bank
Nothing else this week.