India, Dec. 17 -- Indian Overseas Bank's Offer-for-Sale (OFS) opened on Wednesday for non-retail investors at a floor price of Rs 34 per share. At this price, the government is set to raise around Rs 1,960 crore by offloading up to a 3% stake in the state-owned lender.
The OFS will open for retail investors on Thursday, as per the offer document.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....