Men walk past a Kotak Mahindra Bank Ltd. automated teller machine (ATM) in Mumbai. (Photographer: Adeel Halim/Bloomberg)

Billionaire Kotak's Bank Fined in Clash With Indian Central Bank

(Bloomberg) -- India’s central bank fined Kotak Mahindra Bank Ltd. for failing to comply with its shareholding rules, escalating a five-year dispute between the lender’s billionaire founder and the...