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

When State Bank of India raised ₹25,000 crore (~$2.8 billion) through a share sale in July 2025, it reportedly paid six bankers just one rupee each.

Just 0.01%? Citi, JPMorgan opt out of $1.4-billion SBI Funds IPO on low fees
When State Bank of India raised ₹25,000 crore (~$2.8 billion) through a share sale in July 2025, it reportedly paid six bankers just one rupee each.

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