Kotak Mahindra Bank Ltd.

BSE: 500247 | NSE: KOTAKBANK
Large Cap | Bank - Private
387.30
-4.35 (-1.11%)
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Kotak Mahindra Bank planning to raise funds

Date: 17-05-2018

Kotak Mahindra Bank is planning to raise funds. The meeting of board of directors will be held on May 19, 2018 for considering raising funds by way of non-convertible debt instruments, non-convertible preference shares, and amendments to the memorandum of association and articles of association as may be required, subject to shareholders' approvals as applicable and regulatory/statutory approvals and requirements.

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.