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Saturday, June 8, 2019

Promoter stake: RBI fines Kotak Bank Rs 2 crore

The RBI has imposed a Rs 2-crore penalty on the Uday Kotak-led Kotak Mahindra Bank for noncompliance with the directions issued to dilute promoter holding by December 2018.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2IqVff7

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