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Rivals list, but Kotak resists: The case against subsidiary IPOs

Mumbai, Dec. 22 -- Kotak Mahindra Bank Ltd sees little value in listing its subsidiaries and selling a stake to "foreigners" at present and would rather focus on building an enduring institution, said... Read More


Armed with new RBI approvals, HSBC India's Hitendra Dave wants a seat at the big banks' table

Mumbai, Dec. 16 -- Foreign banks might have "lost the plot" about two decades ago to make it big in India, losing ground to local private banks, but HSBC India's chief executive, Hitendra Dave, now wa... Read More