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Monitoring of Foreign Investment under the PIS - Incorporation in Ban List- M/s Kotak Mahindra Bank Limited

Dated:- 22-4-2015 - The Reserve Bank of India has sanctioned the scheme of Amalgamation of ING Vysya Bank Ltd with Kotak Mahindra Bank Ltd. and made it effective from April 01, 2015. Pursuant to the Scheme of Amalgamation, M/s Kotak Mahindra Bank Ltd .....

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has reached the threshold limit. Therefore no further purchase of shares of M/s Kotak Mahindra Bank Ltd. would be allowed through Stock Exchanges in India on behalf of Non-Resident Indian (NRI)/Persons of Indian Origin (PIO)/Foreign Institutional In .....

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