BSE to sell stake of its subsidiary to ICICI Bank
Date: 21-05-2019Bombay Stock Exchange (BSE) has entered into an agreement with ICICI Bank to sell stake of its subsidiary--India International Exchange (INX) for nearly Rs 31 crore. Post the proposed investment, ICICI Bank would have a shareholding of up to 9.9% in INX.
BSE provides an efficient and transparent market for trading in equity, debt instruments, derivatives, mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME).