VTB Group to sell its stake in Zee Entertainment, says report
Updated : November 05, 2019 09:49 AM IST
VTB has roped in two JP Morgan and Citi, for the share sale.
The development comes despite the claims by the Zee management that there is no risk of a VTB sale.
VTB's move could encourage domestic lenders to join forces and sell the pledged shares as well.