Rs 6,256-crore Kotak Bank block deal: BlackRock, BofA, Nomura among marquee buyers as SMBC exits

September 10, 2025

Sumitomo Mitsui Banking Corporation divested its 1.65% stake in Kotak Mahindra Bank for Rs 6,256 crore through block deals, with shares sold at Rs 1,940.8 apiece to various domestic and foreign investors. Kotak Mahindra Bank’s shares closed higher, despite trading below key moving averages.

More To Explore

Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition

Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG

June 27, 2026

Dala Street Week Ahead: Nifty to test crucial 24,500 level; breakout may define next trend

Indian markets navigated a subdued week, ending with modest gains as Nifty hovered near a crucial resistance zone between 24,160 and 24,500. Technical indicators suggest

June 27, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003