Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.72)

72. 

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.

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