New 55% Off on All Courses - Enroll Now! Click Here

    Question

    Canada Pension Plan Investment Board (CPPIB) has sold

    1.7 per cent stake in private sector lender Kotak Mahindra Bank, mopping  up to  _______ .
    A Rs.5412.1 crore Correct Answer Incorrect Answer
    B Rs.5934.8 crore Correct Answer Incorrect Answer
    C Rs.6123.6 crore Correct Answer Incorrect Answer
    D Rs.6356.8 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Canada Pension Plan Investment Board (CPPIB) has sold 1.7 per cent stake in private sector lender Kotak Mahindra Bank. The pension major sold a total of 33 million shares at Rs 1,856 apiece to mop up Rs 6,123.6 crore.

    Practice Next