The government will launch the fourth tranche of the CPSE Exchange Traded Fund (ETF) and has started looking for merchant bankers to advise on the sale process.
Through the three tranches of CPSE ETF, the government has already raised Rs 11,500 crore -Rs 3,000 crore from the first tranche in March 2014, Rs 6,000 crore from the second tranche in January 2017 and Rs 2,500 crore from the third tranche in March 2017.