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Thursday, March 30, 2017

Kotak Mahindra Bank rises 1.5% on fundraising plans of Rs 5,500 crore

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Kotak Mahindra Bank rises 1.5% on fundraising plans of Rs 5,500 crore The bank, at its Board Meeting, decided to raise Rs 5,500 crore through the issue of up to 6.2 crore equity shares. The fund-raising will lead to an equity dilution of up to 3.4 percent.

March 30, 2017 at 01:00PM

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