Govt to raise Rs 4,000 crore via stake sale in Axis Bank, shares down

The government is selling 35 million shares, or 1.21 per cent stake, in the private lender, as a base offer with a green-shoe option of 22 million shares, or 0.74 per cent stake. The floor price for the stake sale has been fixed at Rs 680 apiece.

via Economictimes