The Hindu
int · 1 hrs ago
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Kotak Bank gets RBI nod to acquire 9.99% each in AU Small Finance, Federal Bank
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Kotak Bank has received regulatory approval from India's Reserve Bank to acquire 9.99% stakes in both AU Small Finance Bank and Federal Bank. The news is reflected in AU Small Finance Bank's share price rising slightly on the stock exchange.
Kotak Bank gets RBI nod to acquire 9.99% each in AU Small Finance, Federal Bank
Shares of AU Small Finance Bank were trading at ₹1,034.60, up 0.99% over the previous close on the BSE
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