Current Affairs Economy & Banking

Government Raised Rs.10000 Crore From Bharat-22 ETF Offering

Category : Economy & Banking

  The government of India gets Rs.10000 crore from Bharat-22 Exchange Traded Fund(ETF) by additional offering. The government has absorbed approximately Rs.46000 croreby way of disinvestment with the successful offering of Bharat-22 ETF. Bharat-22 is an Exchange Traded Fund ( ETF) which will closely track the performance of Bharat-22 index. It was launched by Government of India in November 2017ICICI Prudential Mutual Fund AMC will manage the fund.
Source: Financial Express


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