 "cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings")
The government's offer to sell its nearly 2 per cent stake held in Axis Bank held through SUUTI has received a "good response", with the government garnering about Rs 4,000 crore, Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey tweeted.
The government had offered to sell its 58 million shares or 1.95 per cent stake of Axis Bank held through Specified Undertaking of the Unit Trust of India (SUUTI). The floor price for the offer was set at Rs 680/share.
The offer was open for non-retail investors on May 19, and on May 20 for retail investors.
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