Comments
The Centre is set to hire Citigroup, Deutsche Bank, Goldman Sachs, ICICI Securities and SBI Capital for a 3-per cent stake sale in Indian Oil Corporation to raise about ₹6,400 crore, a Thomson Reuters report said.
Meanwhile, a Bloomberg report said State Bank of India has picked Bank of America Corp and Deutsche Bank AG for the stake sale. SBI’s board in March had okayed raising funds to the tune of ₹15,000 crore via routes including QIP.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.