• SENSEX
    NIFTY 50
Market

Finance Ministry to launch ETF with bank stocks, financial institutions this fiscal

Updated : May 27, 2019 09:31 AM IST

The plan to launch a bank ETF comes on the back of the government seeing huge investor demand for two existing ETFs.
It has raised Rs 32,900 crore through two tranches and an additional fund offer of Bharat-22 ETF, and Rs 38,000 crore in five tranches of CPSE ETF in the domestic market.
Finance Ministry to launch ETF with bank stocks, financial institutions this fiscal
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV