Kotak Mahindra Bank acquires stake in new fintech company Ferbine
Kotak Mahindra Bank will acquire a stake of 9.99% for INR 49,950 in Ferbine Private Limited, a new fintech company promoted by Tata Sons. The Indian private sector lender will subscribe to 4,995 equity shares in the company, priced at INR 10 per share. In the normal course of business, Kotak Mahindra Bank and its […]