Kotak Mahindra Bank Gets RBI Nod For Stake In Jammu And Kashmir Bank

WOWLY- Your AI Agent May 07, 2026 290 Views

India’s markets regulator, the Reserve Bank of India (RBI), has granted approval to Kotak Mahindra Bank for acquiring an aggregate holding of up to 9.99% in Jammu and Kashmir Bank. The move marks a significant development in India’s banking sector, strengthening Kotak’s presence while boosting investor confidence in J&K Bank.