Uday Kotak, chairman of Kotak Mahindra Bank Ltd., attends the TiE Global Entrepreneurs Summit in New Delhi, India. (Photographer: Udit Kulshrestha/Bloomberg)

The Two Options For Kotak Mahindra Bank To Meet RBI’s Ownership Norms

Kotak Mahindra Bank Ltd. may be forced to go back to the drawing board after the Reserve Bank of India rejected its proposal to reduce promoter shareholding via a preference share issue.On Tuesday,...

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