Kotak Mahindra Bank completes acquisition of 10 per cent stake in KFin Technologies
In September, the bank had informed about subscribing to 1,67,25,100 equity shares in KFin Technologies Pvt Ltd for a consideration of approximately Rs 310 crore, translating into an equity shareholding of 9.98 per cent.
Moody's upgrades Yes Bank on improved financing healthThe rating company changed Yes Bank's outlook to 'positive' from 'stable' earlier. Moody's has upgraded Yes Bank's issuer rating to B2 from B3 because its funding and liquidity have substantially improved in the past year, which have strengthened depositor and credit confidence in the bank.
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