Tag: Kotak Bank

Kotak Mahindra Bank closes deal to acquire 10% stake in KFin Technologies

Kotak Mahindra Bank announced it has completed the acquisition of a nearly 10 percent stake in KFin Technologies for around ₹310 crores. The private sector lender bank had informed in September about subscribing to 1,67,25,100 equity shares in KFin Technologies Pvt Ltd for a consideration of approximately ₹310 crores. This acquisition translated into an equity shareholding […]

Kotak Mahindra Bank to by 10% stake in KFin Technologies for Rs 310 crore

NEW DELHI: Kotak Mahindra Bank on Monday said it is buying about 9.9 per cent stake in KFin Technologies, a leading investor and issuer servicing platform. The lender will purchase the stake for Rs 310 crore. KFin Tech provides a wide array of financial technology solutions across a broad spectrum of asset classes spanning mutual funds, alternatives, insurance, and […]

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