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Tag Archives: Kotak Mahindra Bank

Kotak Mahindra Bank plans to raise Rs 5,000 crore

Private sector Kotak Mahindra Bank is planning to raise up to Rs 5,000 crore by tapping domestic and overseas markets to cater to its fund requirements. In this regards, the lender has to get approval from shareholders for the fund raise at its annual general meeting to be held on ... Read More »

Kotak Mahindra Bank to raise Rs 5,370 crore

Kotak Mahindra Bank has received its board’s approval to issue of 6.20 crore shares to raise approximately Rs 5,370 crore. The fund raising will see the bank’s equity base diluted by 3.37%. The bank could raise the fund through any means the board decides appropriate, including rights issue, private placement, ... Read More »