Indian Industry Analysis

Centre to raise ₹13,000 cr via OFS in three state-run banks

The government plans to raise around ₹13,000 crore through an offer for sale in Punjab & Sind Bank, UCO Bank and Indian Overseas Bank to meet the minimum public shareholding norms prescribed by the Securities and Exchange Board of India

3 min read06:00 AM IST

Banking

Centre to raise  ₹13,000 cr via OFS in three state-run banks