Acquisition done for Rs 18.45 crore.
Vedanta is the parent company of Hindustan Zinc.
Floor price for the offer-for-sale set at Rs 2,450 per share.
Bank receives binding bids for two of its bad loan portfolios.
Nifty Bank, Financial Services, Oil & Gas, and Media indices are each trading with about 1% gains.
IPO will include both issuance of new shares and offer-for-sale shares.
Government has said that its reforms have improved the Gross NPA of these banks.
Fine imposed for not complying with regulations regarding loan recovery agents.
Reliance Industries and its partner BP Exploration (Alpha) Ltd (BPEAL) are set to conduct an e-auction on April 3.
These preference shares are perpetual & non-cumulative.