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LIC sells 2.04% stake in Bank of Baroda

05 Sep 2017 Evaluate

Country’s largest insurer, Life Insurance Corporation of India (LIC) has sold over 2% shares in Bank of Baroda in an open market sale in past two months. The open market sale of over 2.04% stake or 4,69,80,180 shares took place between July 10 to September 1. Post the stake sale, LIC now holds shares above 7.24% (16,70,18,926) in Bank of Baroda.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.



Peers
Company Name CMP
State Bank Of India 953.00
PNB 114.35
Bank Of Baroda 234.75
Canara Bank 119.00
Union Bank Of India 173.10
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