New Register for Free NABARD Worshop - How to Prepare for 2025? Oct 23 at 5 PM

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    Question

    ______ has sold its 14.50% stake in its subsidiary through an IPO. 

    A Punjab National Bank Correct Answer Incorrect Answer
    B Bank of Baroda Correct Answer Incorrect Answer
    C State Bank of India Correct Answer Incorrect Answer
    D Canara Bank Correct Answer Incorrect Answer
    E Union Bank of India Correct Answer Incorrect Answer

    Solution

    Canara Bank announced it will dilute a 14.50% stake in its subsidiary, Canara HSBC Life Insurance Company, through an Initial Public Offering (IPO).

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