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Bay Tree India Holdings offloads over 2% stake in Yes Bank

11 May 2021 Evaluate

Bay Tree India Holdings I LLC has sold over 2 per cent stake in Yes Bank through open market transactions. Bay Tree India Holdings I LLC, which held 7.48 per cent stake in Yes Bank earlier, sold 52.15 crore shares representing 2.08 per cent of equity stake in multiple tranches between January 6 and May 6, 2021. Post the sale, stake of Bay Tree India Holdings I LLC in Yes Bank stands at 5.40 per cent.

In July 2020, Yes Bank garnered Rs 4,098 crore from anchor investors, a day ahead of its follow-on public offering.

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.

Peers
Company Name CMP
HDFC Bank 714.55
ICICI Bank 1316.00
Axis Bank 1234.00
Kotak Mahindra Bank 421.15
Indusind Bank 890.15
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