SBI Funds Pays Razor-Thin Banker Fees on Top India IPO of 2026

The nine investment banks that manage SBI Funds Management Ltd.‘s initial public offering, India‘s first billion-dollar debut this year, will receive one of the worst payouts on a large debut...

By Rajesh Mascarenhas · Bloomberg Markets

The nine investment banks that manage SBI Funds Management Ltd.‘s initial public offering, India‘s first billion-dollar debut this year, will receive one of the worst payouts on a large debut in the country.