Kotak Mahindra Bank Ltd.

BSE: 500247 | NSE: KOTAKBANK
Large Cap | Bank - Private
2165.35
15.40 (0.72%)
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Kotak Mahindra Bank planning to raise funds on private placement basis

Date: 14-06-2023

Kotak Mahindra Bank is planning to raise funds by way of issuance of Unsecured, Redeemable, Non-Convertible Debentures / Bonds, in one or more tranches / series, on a private placement basis, during the FY 2023-24 under the prevailing Members' approval. A meeting of the Board of Directors of Bank will be held on June 16, 2023 to consider 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.