RBI Rejects Kotak Mahindra Bank’s Plan For Dilution Of Promoter Stake
Uday Kotak, chairman of Kotak Mahindra Bank Ltd. (Photographer: Udit Kulshrestha/Bloomberg)

RBI Rejects Kotak Mahindra Bank’s Plan For Dilution Of Promoter Stake

Private sector lender Kotak Mahindra Bank Ltd., on Tuesday, said that the Reserve Bank of India has not accepted the promoter stake dilution plan the bank had presented. In a stock exchange notific...
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