RBI Imposes Rs 2 Crore Fine On Kotak Mahindra Bank
RBI Imposes Rs 2 Crore Fine On Kotak Mahindra Bank
The bank is in the middle of a legal battle with the central bank, which last year ordered Uday Kotak to lower his holdings in private-sector lender.
Kotak said to National Stock Exchange that it was examining the RBI's order.