“This is to inform you that the Board of Directors of Kotak Mahindra Bank have, at their meeting held today, inter alia, approved a proposal to enable the Board of Directors of the Bank to raise funds by way of issuance of Unsecured, Redeemable, Non-Convertible Debentures, on a private placement basis, for an amount up to Rs. 10,000 crore,” Kotak said
Indian economy well placed to handle any kind of spillovers from global events: RBI Guv
RBI Governor Shaktikanta Das stated that the Indian economy and financial sector are in a strong position. India’s external sector is robust, and the current