The SBI Funds Management joint venture board includes Olivier Mariée, while the market sees rising energy prices and a strong Jio Platforms IPO debut.
1 report, 1 independent
Updated Jul 21
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What happened
The SBI Funds Management joint venture board includes Olivier Mariée, while the market sees rising energy prices and a strong Jio Platforms IPO debut.
Who's involved
What this event is mainly aboutKeep exploring
Part of
State Bank of India and Amundi jointly created SBIFML, which is now India's largest asset manager.Also in this story
- State Bank of India and Amundi are co-backers of SBI Funds Management company.
- Carnelian invested in SBIFM, the asset management arm of State Bank of India, which is filing documents for an IPO in New Delhi.
The entities involved
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State Bank of India
Indian public sector bank and financial services organization
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Amundi
French subsidiary jointly created by Crédit Agricole and Société Générale
Related events
- Amundi partnered with SBI to dilute mutual fund stake, while the NSE IPO is expected to dwarf Paytm's previous listing size, with SBI Capital Markets involved.
- SBI is sanctioning its share of the loan package for Vodafone Idea, which is seeking to remain competitive against Jio and Bharti Airtel.
- State Bank of India, General Insurance Corporation of India, and Bank of Baroda are selling shares in an NSE IPO.
- SBI Chairman inaugurated the Global Fintech Fest in Mumbai, where SBICAP highlighted investment opportunities via the GIFT City ecosystem.
- HDFC AMC and State Bank of India are involved in the mutual fund asset management space, promoting SBI Funds Management as the largest asset manager.