Kotak Mahindra Bank, Federal Bank and IDFC First Bank, theses three banks cut their stake in Yes Bank after 14 days investing.
At the time of Yes Bank rescue, Kotak Mahindra Bank, Federal Bank and IDFC First Bank had taken stake in Yes Bank 3.61, 1.92 and 1.62 percent respectively, however they all three banks has lowered their stake in Yes Bank after March 17.
Here the number of shares sold by these three banks after March 17:
- Kotak Mahindra Bank sold 4.76 crore shares.
- Federal Bank sold 5.87 crore shares.
- IDFC First Bank sold 4.02 crore shares.
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