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Kotak Mahindra Bank open to acquisition opportunities; calls IndusInd Bank merger report 'speculative'

Updated : October 26, 2020 09:10 PM IST

Bank’s CFO told CNBC-TV18 during its earnings call that it had indicated its intent to look at acquisitions at the time of raising capital in June.
Top IndusInd Bank sources told CNBC-TV18 the bank will be an “acquirer” and not an “acquiree” if any merger opportunity is considered.

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