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Bombay HC Refuses To Stay RBI Deadline To Kotak Mahindra Bank To Dilute Promoter Stake

Bombay HC Refuses To Stay RBI Deadline To Kotak Mahindra Bank To Dilute Promoter Stake

The Bombay High Court on Monday refused to stay the Reserve Bank of India’s deadline of December 31 for dilution of promoter stake in Kotak Mahindra Bank. The RBI had ordered the bank to reduce its...

17 Dec 2018 3:33 PM GMT