


| Uday Kotak sells 5.6 cr shares in Kotak Mahindra Bank, ends standoff with RBI; shares surge over 7% in early trade |
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PTI. As per the term sheet, the deal would be worth Rs 6,800 crore at the lower end of the price band. Currently, Kotak and his family holds 28.8 percent stake in the bank as against the RBI mandate of 26 percent. Kotak, the richest banker in Asia, is the Managing Director of Kotak Mahindra Bank,....
Posted: 2020-06-02 06:55:00
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