Bombay High Court Refuses Interim Relief For Kotak Mahindra Bank On RBI Deadline To Cut Promoter Stake
Uday Kotak, billionaire and chairman of Kotak Mahindra Bank Ltd., looks on during a Bloomberg Television interview in Davos, Switzerland. (Photographer: Simon Dawson/Bloomberg)

Bombay High Court Refuses Interim Relief For Kotak Mahindra Bank On RBI Deadline To Cut Promoter Stake

The Bombay High Court denied interim relief to Kotak Mahindra Bank Ltd. regarding the Reserve Bank of India’s direction to dilute its promoter shareholding.The case was adjourned till Jan. 17 and t...
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