SEBI Guidelines- Basis on which government picked up RBI shares in SBI
Q. According to which guidelines did the Government pick up the entire SBI shares held by the RBI?- Published on 20 Jul 15a. National Stock Exchange of India
b. Securities Commission
c. Financial Regulations
d. Securities and Exchange Board of India (SEBI)
ANSWER: Securities and Exchange Board of India (SEBI)
As per the guidelines of the Securities and Exchange Board of India (SEBI), the Government picked up the entire SBI shares held by the RBI at a price of Rs. 1,130.35 a share.