Indian rupee banknotes and coins are arranged for a photograph. (Photographer: Adeel Halim/Bloomberg)

Essel Group Exposure: Kotak FMP Investors May Not Be Able To Fully Redeem Funds

Kotak Mahindra Asset Management Company said investors of its fixed maturity plans may not be able to redeem their entire amount because of its exposure to debt-laden Essel Group, the controlling s...