The Bank of Baroda (BoB), a government-owned bank, has announced its intention to sell a portion of its ownership in the National Stock Exchange of India (NSE). The bank has issued a filing inviting interested buyers to submit bids for its stake in the exchange. The proposed auction sets a minimum price of Rs 3,150 per share, valuing the NSE at Rs 156,000 crore. This valuation surpasses the valuation of its competitor, the Bombay Stock Exchange (BSE), which is valued at Rs 7,790 crore.
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