Question

    Which bank holds the highest shareholding in Yes Bank

    among the options provided?
    A HDFC Bank Correct Answer Incorrect Answer
    B ICICI Bank Correct Answer Incorrect Answer
    C Axis Bank Correct Answer Incorrect Answer
    D State Bank of India (SBI) Correct Answer Incorrect Answer
    E Kotak Mahindra Bank Correct Answer Incorrect Answer

    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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