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Wednesday, August 15, 2018

RBI says Kotak stake dilution doesn't meet its norms

It can be noted that on August 2, Kotak had sold a part of his stake in the lender, bringing down his personal holding to under 20 per cent, by issuing perpetual non- cumulative preference shares (PNCPS).

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Oy0F9y
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