Question

Public sector lender Bank of Baroda (BoB) is planning to rope in a strategic investor for its credit card subsidiary, BOB Financial Solutions (BFSL), by divesting _____ per cent stake.

A 49 Correct Answer Incorrect Answer
B 50 Correct Answer Incorrect Answer
C 55 Correct Answer Incorrect Answer
D 58 Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Public sector lender Bank of Baroda (BoB) is planning to rope in a strategic investor for its credit card subsidiary, BOB Financial Solutions (BFSL), by divesting 49 per cent stake. At present, BoB holds 100 per cent in the entity.

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