Kotak Mahindra Bank Gains After RBI Allows LIC To Increase Stake

The RBI has given approval to LIC to increase its holding in the bank up to 9.99 per cent. Currently, LIC owns 4.96 per cent stake in Kotak Mahindra Bank.

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The RBI has given approval to LIC to increase its holding in the bank up to 9.99 per cent. Currently, LIC owns 4.96 per cent stake in Kotak Mahindra Bank.

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