The 110 accounts the bank had put up for sale in the first week of January include SME accounts and some home loans from individual borrowers. JC Flowers’ offer envisages an 84% haircut for the Mumbai-based cooperative bank.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of