Tag: SBI Funds IPO

SBI Funds IPO offered fees of about 0.01% of the issue size, which bankers called rock bottom, after some domestic advisers quoted only a token fee for the mandate. (Bloomberg)
Posted in Business

Just 0.01%? Citi, JPMorgan opt out of $1.4-billion SBI Funds IPO on low fees| Business News

Some of Wall Street’s biggest banks have opted out of advising on a planned $1.4 billion initial public offering of India’s SBI Funds Management Ltd….

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