Kotak Mahindra Bank has received an approval for increasing ceiling limit on the total shareholding of Foreign Institutional Investors (FIIs)/ Foreign Portfolio Investors (FFIs) from the current limit of 42% to 43%. The board of directors has approved for the same subject to statutory/regulatory approval as may be necessary.
Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.
