Will Kotak’s Route To Bring Down Promoter Holding Pass Muster With RBI?
Uday Kotak, chairman of Kotak Mahindra Bank Ltd., at the TiE Global Entrepreneurs Summit in New Delhi, India. (Photographer: Udit Kulshrestha/Bloomberg)

Will Kotak’s Route To Bring Down Promoter Holding Pass Muster With RBI?

The promoters of Kotak Mahindra Bank have reduced their shareholding in the bank to below 20 percent, in line with the RBI’s directions, the lender informed stock exchanges in a notification late o...
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