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Warhol picks 10.36 lakh equity shares of Karur Vysya Bank

19 Mar 2012 Evaluate

Warhol, a Mauritius-based investment holding firm has acquired 10.36 lakh equity shares in Karur Vysya Bank at a total trade price of Rs 39.36 crore. The investment holding firm has picked the stake through bulk deal at Rs 379.99 per share.

Recently, Karur Vysya Bank had signed a memorandum of understanding (MOU) with SBI life Insurance Company for providing GMRA policy cover to the bank's housing loan customers under group insurance. The Bank had also executed a master policy with BSLI for offering the GMRA policy under the group insurance.

Karur Vysya Bank is among 6 old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.

Peers
Company Name CMP
HDFC Bank 707.05
ICICI Bank 1318.20
Axis Bank 1226.20
Kotak Mahindra Bank 415.75
Indusind Bank 886.10
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