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Kotak Mahindra Bank’s arm raises $590 million for investments in data centres

15 Feb 2023 Evaluate

Kotak Mahindra Bank’s arm -- Kotak Investment Advisors (KIA) has raised $590 million (about Rs 4,885 crore) for investments in the data centres in the country. It plans to raise $800 million under the Kotak Data Centre Fund and this is the first close for the same.

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.

Kotak Mahindra Bank Share Price

398.90 -4.05 (-1.01%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 780.00
ICICI Bank 1346.80
Axis Bank 1357.80
Kotak Mahindra Bank 398.90
Indusind Bank 947.90
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