Union Bank of India (BSE:532477), which had recently acquired other banking units, could sell a stake in its insurance unit. The firm, which was recently amalgamated with Andhra Bank and Corporation Bank, could sell Andhra Bank's stake in a life insurance company. Andhra Bank has a 30% stake in IndiaFirst Life Insurance Company Limited, while Union Bank has a 25.10% stake in Star Union Dai-ichi Life Insurance Company Limited.
1st Jan change | Capi. | |
---|---|---|
+24.25% | 208B | |
-0.27% | 71.94B | |
+12.23% | 57.69B | |
+20.21% | 50.35B | |
+5.31% | 49.08B | |
+32.07% | 46.89B | |
+10.86% | 36.93B | |
-15.79% | 35.32B | |
-96.60% | 32.24B |