Bank stock jumps 4% after SBI Mutual Fund to acquire 9.99% stake in the company

Shares of a private sector bank engaged in providing a wide range of banking and financial services surged 4.3 percent on BSE to Rs. 231.65 on Monday, after the RBI allowed SBI Mutual Fund to acquire up to 9.99 percent stake in the bank.  With a market cap of Rs. 17,919.08 crores, at 01:02 p.m., … Continue reading Bank stock jumps 4% after SBI Mutual Fund to acquire 9.99% stake in the company