RS 6.256-Crore Kotak Bank Block Deal: BlackRock, Bofa, Nomura among selection buyers such as SMBC outputs

The Japanese Sumitomo Mitsui Banking Corporation (SMBC) sold its full interest of 1.65% on Wednesday in Kotak Mahindra Bank for RS 6,256 Crore via Blok Deals. The more than 3.2 CRORE shares from SMBC were sold to dozens of buyers at a price of RS 1,940.8 each, including domestic and foreign funds, asset management companies […]