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 agrees to subscribe stake in KFin Technologies

Date: 20-09-2021

Kotak Mahindra Bank has agreed to subscribe to 1,67,25,100 Equity Shares in KFin Technologies for a consideration of approximately Rs 310 crore translating into an equity shareholding of 9.98% on September 19, 2021. The transaction is subject to customary closing conditions.

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.