Stock Market

Rakesh Jhunjhunwala picks up 1.6% in Canara Bank

According to the shareholding data filed by the bank with the stock exchanges, Jhunjhunwala’s name appears among the top investors. The bank, which concluded its Rs 2,500-crore qualified institutional placement, said that seven investors have been allotted more than 5% equity in the issue. They include LIC (15.9%), BNP Paribas (12.5%), Societe Generale (7.9%), Indian Bank (6.3%) and ICICI Prudential (6.3%)

from Markets-Economic Times https://ift.tt/2WmGXqW

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