Govt to accelerate sale of up to 20% stake in five state-owned banks: CNBC Awaaz
The move, aimed at raising approximately ₹2,500 crore, will involve Qualified Institutional Placement (QIP) and Offer for Sale (OFS) mechanisms, with the appointment of merchant bankers nearing completion, according to CNBC Awaaz sources.
The move, aimed at raising approximately ₹2,500 crore, will involve Qualified Institutional Placement (QIP) and Offer for Sale (OFS) mechanisms, with the appointment of merchant bankers nearing completion, according to CNBC Awaaz sources.
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