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Warburg sells entire 3.6% stake in Kotak Bank for Rs 1,400cr

Last Updated: Monday, March 26, 2012, 20:33

Foreign investors continue to cash out their investments in domestic banks and financial institutions. The latest is the overseas private equity investor Warburg Pincus, which exited its 3.6 percent stake in Kotak Mahindra Bank, raking in about Rs 1,400 crore, according to a source.

Temasek selling 1.4% of ICICI Bank

Last Updated: Tuesday, February 7, 2012, 22:39

Temasek held 39.83 million shares of ICICI Bank, or 3.46 percent, as of end-December.

Warburg cuts stake in Kotak Mahindra Bank: Sources

Last Updated: Wednesday, February 1, 2012, 14:38

Private equity investor Warburg Pincus sold about 17.5 million shares in Kotak Mahindra Bank via stock market deals on Wednesday to raise about $170 million, three sources with direct knowledge of the matter said.