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BSE to sell stake of its subsidiary to ICICI Bank

Bombay Stock Exchange (BSE) has entered into an agreement with ICICI Bank to sell stake of its subsidiary–India International Exchange (INX) for nearly Rs 31 crore. Post the proposed investment, ICICI Bank would have a shareholding of up to 9.9% in INX.

BSE provides an efficient and transparent market for trading in equity, debt instruments, derivatives, mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME).

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