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Rana Kapoor’s YES Bank stake falls from 11% to near zero; FIIs too offloaded it in Q2

image Individual investors emerged the biggest stakeholders in YES BankNSE 1.34 % at the end of September quarter, even as promoters offloaded nearly half their stake in the private sector lender.

Latest shareholding data available with BSE revealed that individual investors, including high net worth individuals, now own 29.94 per cent stake in the bank against 20.46 per cent as of June 30. Promoter Rana Kapoor’s holding in the bank declined to at 3.92 per cent as of September end from 4.31 p ...........ET

17-Oct-2019