Wednesday, January 16, 2019

Kotak Mahindra Bank case to come up for hearing amid clamour for change in ownership rules

The rules require a bank to cut the promoter stake to 40 per cent within 3 years, 20 per cent within 10 years and then to 15 per cent within 15 years.

from Banking/Finance-Industry-Economic Times http://bit.ly/2DcWpcJ

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