If sentence (C) "Kolkata-based Bandhan Bank has filed papers with the SEBI for an initial public offering that is estimated to raise at least Rs. 2500 crore." is the first sentence, what is the order of other sentences after rearrangement?
(A) The microlender, which was one of the entities to receive a banking .licence from RBI in 2015, on Monday said it has filed a draft red herring prospectus with the market regulator.
(B) It consists of a fresh issue of up to 9. 76 crore shares and an offer for sale of up to 1. 40 crore shares by the IFC and 75.65 lakh shares by IFC FIG investment company.
(C) Kolkata-based Bandhan Bank has filed papers with the SEBI for an initial public offering that is estimated to raise at least Rs. 2500 crore.
(D) The proposed IPO is for 11.92 crore shares.
(E) Bandhan Bank's MD said that.the public offering will strengthen its capital base and help in its expansion.
(F) "With IPO, the bank will also comply with the regulatory requirement of listing on the stock exchanges," he added.

Options

A. ABDFE
B. ADBEF
C. DFAEB
D. BEDFA

Answer

b

Explanation

Sentence A will follow the first sentence because it talks about the 'microlender' i.e. the subject (Bandhan bank) of the first sentence and thus, forms a link. We have only two options which start with sentence A viz. (a) and (b). Sentence D should come before the sentence B as it talks about the whole proportionate of the proposed IPO whereas, sentence B talks about its distribution. Hence, option (b) is the correct choice.