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Jul 12, 2012, 08.23 AM IST
HSBC will sell its entire stakes in Indian lenders Axis Bank and Yes Bank , IFR reported on Wednesday, in a deal through its Mauritius subsidiary that will raise up to 24.5 billion rupees.
HSBC will sell 19.6 million shares in Axis Bank for Rs 950.9 to Rs 970.9 per share, and 16.8 million shares in Yes Bank for Rs 381.1 to Rs 324.8 per share, IFR reported.
May 24 2013, 16:42
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