Kotak Mahindra Bank gets RBI nod for trimming promoters#39; stake

On January 30, the bank had informed about RBI#39;s in-principle acceptance for reducing promoters#39; shareholding to 26 percent of the paid-up voting equity share capital (PUVESC) of the bank within six months from the date of final approval of the regulator.

from Moneycontrol Business News https://ift.tt/3bPKgK9