Question
Which bank holds the highest shareholding in Yes Bank
among the options provided?Solution
Yes Bank's largest investor State Bank of India (SBI) has over 27.97 lakh shareholders. As of March 31, 2023, SBI holds 26.14% of Yes Bank, while LIC holds a 4.34% stake. Axis Bank and ICICI Bank also have a piece of Yes Bank shares aggregating 1.57% and 2.61% respectively. IDFC First Bank holds merely 1% of Yes Bank.
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