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    Question

    Recently private equity major Bain Capital sold nearly

    16.7 million shares, equalling a 0.5 per cent stake in private sector lender______.
    A ICICI Bank Correct Answer Incorrect Answer
    B HDFC Bank Correct Answer Incorrect Answer
    C IDFC Bank Correct Answer Incorrect Answer
    D Axis Bank Correct Answer Incorrect Answer
    E Yes Bank Correct Answer Incorrect Answer

    Solution

    16.7 million share sell- Private equity major Bain Capital sold nearly 16.7 million shares, equalling a 0.5 per cent stake in private sector lender Axis Bank. The shares were sold at Rs 891.38 apiece for a total of Rs 1,487 crore by BC Asia Investments. Bain Capital Headquarters: Boston, United States Global Head: John Connaughton

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