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Kotak Life Insurance is now 100% owned by Kotak Mahindra Bank

Kotak Mahindra Bank, the parent company of Kotak Life Insurance has made an announcement that it would be buying out the shares held by it’s joint venture partner Old Mutual making it a 100% subsidiary of Kotak Mahindra Bank. Kotak Life Insurance which is been doing well since its inception has decided to buy 26% stake at Rs.1297 crore. This ... Read More »

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