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Kotak Mahindra Bank reply to clarification sought by the exchange

14 May 2015 Evaluate

The Exchange had sought clarification from Kotak Mahindra Bank with respect to news article appearing on Zee Business on May 11, 2015 titled ‘Kotak Mahindra Bank was looking to acquire Dhanlaxmi Bank’. Kotak Mahindra Bank replied stating that the said News Item itself carries a comment by a Kotak Group Spokesperson denying the rumour.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 722.40
ICICI Bank 1359.00
Axis Bank 1243.95
Kotak Mahindra Bank 414.90
Indusind Bank 945.05
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