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17-May2018

Kotak Mahindra Bank planning to raise funds

Kotak Mahindra Bank is planning to raise funds. The meeting of board of directors will be held on May 19, 2018 for considering raising funds by way of non-convertible debt instruments, non-convertible preference shares, and amendments to the memorandum of association and articles of association as may be required, subject to shareholders' approvals as applicable and regulatory/statutory approvals and requirements.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.


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