India sells nearly half its Axis Bank stake

The government raises $912 million through India's largest block deal this year.

Axis Bank’s share price slipped as much as 3.3% in Friday’s morning session as India’s government sold a 55.6 billion rupee ($912 million) stake in the bank to the market in India’s largest block deal this year.

¬ Haymarket Media Limited. All rights reserved.

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