Axis Bank OFS via SUUTI subscribed 4 times on Day 1

Axis Bank OFS via SUUTI subscribed 4 times on Day 1 The government plans to offload up to 58 million equity shares, or 1.95 percent stake, in Axis Bank through SUUTI at a floor price of Rs 680 a share. The OFS is expected to rake in about Rs 4,000 crore for the Centre.

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