SWFI First Read, August 30, 2016
Posted on 08/30/2016
Reserve Bank of India Approves CPPIB Ownership Stakes in Kotak Mahindra Bank The Reserve Bank of India (RBI) approved the Canada Pension Plan Investment Board (CPPIB) to nearly double its holding of Kotak Mahindra Bank. CPPIB has a 4.89% ownership stake in the Indian bank which it bought in multiple tranches. In March 2016, CPPIB […]
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