State Bank of India (SBI), said it has decided to divest 3,20,60,000 equity shares, being equivalent to 6.3007% of total equity capital of SBI Funds Management Limited (SBIFML) through Initial Public Offering (IPO), subject to regulatory approvals.Amundi India Holding, the other promoter of SBIFML, will divest 1,88,30,000 equity shares, being equivalent to 3.7006% of the total equity capital of SBIFML, with a total of 10.0013% stake comprising 5,08,90,000 shares to be listed. Both the promoters of SBIFML ha ...