Gold Silver Reports (GSR) – Kotak Mahindra Bank is likely to see block deals as ING Group had plans to sell its remaining stake in the bank worth about $1 billion.
Kotak Mahindra Bank had 1.27 crore shares changed hands in a block deal on the National Stock Exchange at Rs 1,130 per share in pre-market session.
ING Group held 3.7 percent in the private lender as of September, according to an exchange filing.