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Kotak Alternate Asset Managers raises Rs 2,000 cr to invest in equities | Company News

Kotak Alternate Asset Managers raises Rs 2,000 cr to invest in equities | Company News

[ad_1] The fund aims to solve the challenge of building and maintaining equity portfolios amid the difficulties faced by investors due to the market volatalities. (Photo: X@ANI) Kotak Mahindra Bank’s asset management arm Kotak Alternate Asset Managers Ltd on Monday said it raised Rs 2,000 crore to invest in equities. Kotak Alternate Asset … Read more

Kotak Mahindra Bank acquires 100% stake in Sonata Finance for Rs 537 crore | Company News

Kotak Mahindra Bank acquires 100% stake in Sonata Finance for Rs 537 crore | Company News

[ad_1] Kotak Mahindra Bank on Thursday informed exchanges that it had acquired 100 per cent stake in Sonata Finance Private Limited – a microfinance institution — for Rs 537 crore. With this acquisition, Sonata has become a wholly-owned subsidiary of the private sector bank. Sonata operates in 10 states through 549 branches and has … Read more