UTI MF on road to go public with SBI nod
Thursday, April 6, 2017, 7:30 AM
IPO of the UTI Mutual Fund could soon be a reality, with key stakeholders, including the SBI, finally coming on the same page. Listing plan of the country’s sixth-largest fund house had hit a block, with SBI and LIC trying to wrest control over the AMC. Other stakeholders the BoB, the PNB and the T Rowe Price Group had no qualms with the IPO.