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Axis Bank sells 90.50 lakh shares of Religare Enterprises

14 Jan 2020 Evaluate

Axis Bank has sold its investment of 90,50,000 equity shares held in Religare Enterprises (REL) on January 13, 2020, equivalent to 3.51% of the paid up capital in REL. Consequent to the sale, the shareholding of the Bank stands at 1.67% of the paid up capital in REL.

Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.

Peers
Company Name CMP
HDFC Bank 735.80
ICICI Bank 1326.50
Axis Bank 1220.00
Kotak Mahindra Bank 403.40
Indusind Bank 912.50
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