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Kotak Mahindra Bank has received RBI approval to buy up to 9.99% stakes in AU Small Finance Bank and Federal Bank. The move signals a financial investment play by Kotak, with AU Small Finance shares rising about 1% on the news.
The RBI has approved Kotak Mahindra Bank to hold up to 9.99% stakes in AU Small Finance Bank and Federal Bank. The clearance positions Kotak as a significant minority shareholder in both mid-tier lenders while staying below the threshold that triggers stricter regulatory review.
The RBI has approved Kotak Mahindra Bank to acquire up to 9.99% of Federal Bank's share capital, the maximum allowed without triggering a deeper ownership review. The move positions Kotak as a potential top institutional shareholder in the Kerala-based lender, with actual purchases yet to be disclosed.
Over a dozen major Indian companies report Q4 FY26 earnings on April 29, including Bajaj Finance, Adani Power, Vedanta, Maruti Suzuki, and Federal Bank. The results span financials, energy, metals, and consumer sectors, giving markets a wide view of corporate performance for the March quarter.
Tag
Kotak Mahindra Bank has received RBI approval to buy up to 9.99% stakes in AU Small Finance Bank and Federal Bank. The move signals a financial investment play by Kotak, with AU Small Finance shares rising about 1% on the news.
1mo ago · 2 min · Markets
The RBI has approved Kotak Mahindra Bank to hold up to 9.99% stakes in AU Small Finance Bank and Federal Bank. The clearance positions Kotak as a significant minority shareholder in both mid-tier lenders while staying below the threshold that triggers stricter regulatory review.
1mo ago · 2 min · Markets
The RBI has approved Kotak Mahindra Bank to acquire up to 9.99% of Federal Bank's share capital, the maximum allowed without triggering a deeper ownership review. The move positions Kotak as a potential top institutional shareholder in the Kerala-based lender, with actual purchases yet to be disclosed.
1mo ago · 2 min · Markets
Over a dozen major Indian companies report Q4 FY26 earnings on April 29, including Bajaj Finance, Adani Power, Vedanta, Maruti Suzuki, and Federal Bank. The results span financials, energy, metals, and consumer sectors, giving markets a wide view of corporate performance for the March quarter.
2mo ago · 1 min · Markets
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