(a) Axis Bank
(b) ICICI Bank
(c) HDFC Bank
(d) SBI
Explanations: The State Bank of India (SBI) has acquired a minority stake in JSW Cement Limited, part of USD 13 billion JSW Group. The PSU Banking behemoth has invested Rs 100 crore in the company via compulsorily convertible preference shares (CCPS). The SBI transaction with JSW Cement comes close on the heels of the Rs 1,500 cr investments made by two global private equity investors.
