Kotak Mahindra Bank Ltd.

BSE: 500247 | NSE: KOTAKBANK
Large Cap | Bank - Private
391.65
-1.35 (-0.34%)
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Kotak Mahindra Bank completes sale of equity shares in Airtel Payments Bank

Date: 02-09-2021

Kotak Mahindra Bank has completed sale of 20,00,00,000 equity shares (8.57% shareholding on a fully diluted basis) of Airtel Payments Bank to Bharti Enterprises on August 31, 2021 for an aggregate sale consideration of Rs 294.8 crore.

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.