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Only four banks in the fray for Suuti mandate

Centre rejects 6 others for conditional bids; no foreign entity in final shortlist

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Suuti

Samie Modak & Arup Roychoudhury  |  Mumbai/New Delhi 

Suuti stake: LIC faces investment cap hurdle

Only four investment banks are in the final shortlist to manage the estimated Rs 60,000-crore worth of share sales in companies owned by the Specified Undertaking of the Unit Trust of India (Suuti).

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First Published: Mon, August 15 2016. 00:57 IST
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