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Kotak not tempted to list subsidiaries as rivals go ahead
Mint Hyderabad
|December 22, 2025
Kotak Mahindra Bank Ltd sees little value in listing its subsidiaries and selling a stake to “foreigners”
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 chief executive officer Ashok Vaswani, even as peers have taken their units public during India's record IPO surge.
This story is from the December 22, 2025 edition of Mint Hyderabad.
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