Need To Bring Down Stake As Per RBI Norms: Uday Kotak
  • Nikita Setia
  • Aug 08 2013

August 8: Referring to talk about possible revisions in shareholding, Uday Kotak, Executive Vice-Chairman & MD at Kotak Mahindra Bank, says that based on its communication with RBI, the bank has to bring down its promoter stake by 20%.