Kotak Mahindra Bank approves merger of subsidiaries
pre-market1 source ↓written by the desknot a recommendation
- Managers Limited
- 25 Sep 2026
- to streamline operations
- 2025 directives
Kotak Mahindra Bank's Board approved the amalgamation of Kotak Mahindra Investments Limited with Kotak Alternate Asset Managers Limited on 25 Sep 2026. This merger aims for group simplification and enhances KAAML's capital capacity. The move aligns with RBI's 2025 directives to streamline operations and eliminate duplicate infrastructure.
Not investment advice. For informational purposes only.