Government to sell 1.95% stake in Axis Bank to raise Rs 4,000 cr
MUMBAI: The central government is selling up to 5.81 crore shares or a 1.95% stake in Axis Bank, held via the Specified Undertaking of the Unit Trust of India (SUUTI) to raise around Rs 4,000 crore. Shares are sold through the offer for sale (OFS) route. The OFS will open for non-retail investors on Wednesday … Read more