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 a 5.40 per cent stake in Yes Bank earlier, sold 52.09 crore shares representing 2.08 per cent of the equity stake in multiple tranches between May 7 and June 11, 2021. Post the sale, the stake of Bay Tree India Holdings I LLC in Yes Bank stands at 3.32 per cent.
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.