Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1108)

2020-11-08 Banking

1108.

Which bank is to acquire shares in CSC e-Governance for Rs 36 crore?

ICICI

YES Bank

AXIS Bank

HDFC Bank

Answer: Option

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.