MUMBAI: Kotak Mahindra Bank on Tuesday said it planned to raise capital selling shares triggering speculation that it may raise as much as Rs. A few months ago there were rumours that Kotak has set its sights on buying government owned around 30 percent stake in Axis Bank. He's so smart. I ask if I can invest in him. My Best decision.”Shares of Kotak Mahindra Bank fell 1.25% from previous close to Rs 859.85 on the Bombay Stock Exchange while Mahindra and Mahindra Financial Services rose 2.83% to Rs 329.30.

Source: Economic Times March 28, 2017 12:38 UTC