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SBI, LIC and Two Other Sponsors to Reduce UTI Mutual Fund Shareholding – Latest Update

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SBI, PNB, LIC, and Bank of Baroda are reducing their stake in India's oldest fund house, UTI Mutual Fund. Last year, PNB received government approval for complete divestment.

PNB, LIC, SBI, and BoB Look for Bids on UTI AMC Stake with Tata Group Expected to Submit a New Bid

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Punjab National Bank, Life Insurance Corporation of India, State Bank of India, and Bank of Baroda plan to sell their stakes in UTI Asset Management Company. The sale is expected to attract significant investor interest.

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SBI, LIC and Two Other Sponsors to Reduce UTI Mutual Fund Shareholding – Latest Update

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SBI, PNB, LIC, and Bank of Baroda are reducing their stake in India's oldest fund house, UTI Mutual Fund. Last year, PNB received government approval for complete divestment.

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