SUUTI's Axis Bank Stake Sale Via QIP?
  • Prabha Hedge
  • Feb 14 2014

February 14: SUUTI is likely to sell its stake in Axis Bank via a QIP. Bloomberg TV India has learnt that the government will rake in around Rs.8,000 crores from the sale of stake. JPMorgan, Citi Group and JM Financial have been appointed as bankers.