LIC sells 2.06% stake in Bank of Baroda

01 Dec 2017 Evaluate

Country’s largest insurer, Life Insurance Corporation (LIC) has offloaded over 2% stake in Bank of Baroda in an open market sale during the last 2 months. The insurer had shed stake in a market sale during September 1 to November 29.

The life insurer has shed about 2.06% (4,73,41,007 shares) it held in the Bank, post which its holding came down to around 5.19% (11,96,77,919 shares). The insurer owned nearly 7.25% stake in the Bank equivalent to 16,70,18,926 shares before the open market sale.

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.


Bank Of Baroda Share Price

264.20 5.35 (2.07%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
SBI 752.60
Bank Of Baroda 264.20
PNB 124.35
Canara Bank 581.90
Union Bank Of India 153.45
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