Kotak Mahindra Bank vs RBI: Bombay HC refuses to stay grant on Dec 31 deadline for promoter stake dilution

Kotak Mahindra Bank is now required to bring down its promoter stakeholding by 10% over the next remaining 15 days or ready to face action from the central bank.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2EnwxvP