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Friday, May 12, 2017

Kotak Mahindra Bank to price share offer at top of range, raising $901 million

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Kotak Mahindra Bank to price share offer at top of range, raising $901 million The bank is pricing about 62 million new shares at 936 rupees each after earlier setting a 930-936 rupees indicative range, putting the total deal at 58 billion rupees ($901 million), said IFR, a Thomson Reuters publication.

May 12, 2017 at 08:53AM

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