Kotak Mahindra Bank Ltd.

BSE: 500247 | NSE: KOTAKBANK
Large Cap | Bank - Private
390.65
-1.00 (-0.26%)
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Kotak Mahindra Bank gets RBI’s final approval for promoters' stake dilution plan

Date: 19-02-2020

Reserve Bank of India (RBI) has granted its final approval to Kotak Mahindra Bank relating to dilution of promoters' shareholding in the Bank. The bank has received final approval from RBI on February 18, 2020.

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.