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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