Yes Bank has reduced its stake in Fortis Healthcare by around 2 per cent by selling over 1.51 crore shares of the company in various tranches. The Bank had 8.76 per cent stake in Fortis Healthcare before these transactions. The shares were sold in open market between December 20, 2018 to June 7, 2019. After the sale, the bank now has 6.76 per cent stake in the healthcare chain.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
