1.

Which bank has acquired the shares in electric equipment maker CG Power?

Answer» Yes Bank has acquired eight crore shares in electric equipment maker CG Power and Industrial Solutions which were pledged to it by a borrower. The acquired shares represent 12.79% ownership in the company and will be valued at ₹292.56 crore. CG Power had a turnover of ₹6,287 crore in fiscal year 2017-18.


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