New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Dayside Investment, an affiliate of  Warburg Pincus,

    has sold how much of its stake in IDFC First Bank? 
    A 1.8 percent Correct Answer Incorrect Answer
    B 1.5 percent Correct Answer Incorrect Answer
    C 1.3 percent Correct Answer Incorrect Answer
    D 1.1 percent Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Dayside Investment, an affiliate of global private equity major Warburg Pincus, sold its entire 1.3 per cent stake in IDFC First Bank. It offloaded nearly 91.8 million shares at Rs 86.1 apiece to raise Rs 790 crore.

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