Sumitomo Mitsui may exit Kotak Mahindra Bank via block deals: Awaaz Exclusive

SMBC plans to sell 3.28 crore shares, representing a 1.65% stake in Kotak Mahindra Bank, to raise about ₹6,000 crore. The block deal, valued at over ₹6,000 crore, is likely to take place soon.

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