Tag: Kotak Mahindra Bank

Kotak Mahindra Bank arm raises .25 bn for second special situations fund

Kotak Mahindra Bank arm raises $1.25 bn for second special situations fund

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A Kotak Mahindra Bank arm on Tuesday announced that it has raised $1.25 billion for its second special situations fund. The money raised will be deployed in equity, debt capital and hybrid instruments across sectors, a statement from Kotak Investment Advisors (KIA), the arm of the private sector lender, under which the fund comes, said. […]

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Share pledging case: SAT quashes NSE, CDSL orders against Kotak Mahindra Bank

Share pledging case: SAT quashes NSE, CDSL orders against Kotak Mahindra Bank

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The Securities Appellate Tribunal (SAT) has quashed orders passed by stock exchange NSE and depository CDSL against Kotak Mahindra Bank in share-pledging case pertaining to Arcadia Share and Stock Brokers. Quashing the directions, the appellate tribunal said that National Stock Exchange (NSE) and Central Depository Services (India) Ltd., or CDSL, had no powers to issue […]

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