[Latest News][6]

Best Stock Advisory Company in Indore
Commodity Market Tips
Commodity Tips
Gold
Indian Stock Market Tips
Market
MCX Tips
NCDEX tips
Nifty Future Tips
NSE BSE
NSE BSE stock
NSE BSE stock Market
Share Market Tips
Silver
Stock Market Tips

Uday Kotak sells $261 million stake in Kotak Mahindra Bank on RBI order

Uday Kotak, the billionaire head of India's Kotak Mahindra Bank Ltd, sold a less than 1 percent stake in the lender in stock market transactions on Monday, complying with a Reserve Bank of India (RBI) order to cut his holding. The RBI asked Kotak to lower his holding in the bank to 30 percent by end-June, 20 percent by end-December next year, and to 15 percent by March 31, 2020. On Monday, Kotak sold 18 million shares in the lender for 16.87 billion rupees ($261 million), lowering his ownership of the bank to 29.79 percent.

Join us for recommendation on share market and to make more money trading go through our website from here link below and let us to know you more: http://www.ripplesadvisory.com/nifty-future-.php

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Start typing and press Enter to search