Which bank is to acquire shares in CSC e-Governance for Rs 36 crore?
[A].
ICICI
[B].
YES Bank
[C].
AXIS Bank
[D].
HDFC Bank
Answer: Option C
Explanation:
Axis Bank has acquired over 57,700 shares in CSC e-Governance Services India Ltd for Rs 36.38 crore, the lender said on Thursday. Axis Bank has executed a pact for subscribing to 57,743 equity shares of a face value of Rs 1,000 each to be issued by CSC e-Governance Services India Ltd at Rs 6,300 per equity share, the lender said in a regulatory filing.
