Axis Bank Limited
Government Pension Fund Global increased its stake in the bank from 1.85% to 1.90%, purchasing 14,18,484 shares. At the current share price, the additional transaction is valued at approximately ₹176.6 crore.
A private sector bank incorporated in 1993, this institution provides comprehensive banking and financial services across India. It operates the third-largest branch network among private banks in the country and maintains a significant international presence through branches in Dubai and Singapore, along with representative offices in Abu Dhabi, Sharjah, Dhaka and Dubai, complemented by an offshore banking unit in GIFT City.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.