A security guard stands inside a Kotak Mahindra Bank ATM in Mumbai. (Photographer: Prashanth Vishwanathan/Bloomberg)

Kotak Mahindra Bank Petition Challenges RBI’s Power To Curtail Promoter Shareholding: Exclusive 

Earlier this week, private sector lender Kotak Mahindra Bank Ltd. moved Bombay High Court after the Reserve Bank of India restricted it from reducing promoter holding using preference shares.The pe...

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