Kotak Mahindra Bank Moves Court Against RBI Decision On Promoter Shareholding
Kotak Mahindra Bank Ltd. logo is displayed at the company’s head office at the Bandra Kurla Complex in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Kotak Mahindra Bank Moves Court Against RBI Decision On Promoter Shareholding

Private sector lender Kotak Mahindra Bank Ltd. has moved Bombay High Court after the Reserve Bank of India restricted it from reducing promoter holding using preference shares.In a statement to sto...
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