24 Jul, EOD - Indian

SENSEX 80148.88 (-0.35)

Nifty 50 24413.5 (-0.27)

Nifty Bank 51317 (-0.89)

Nifty IT 40115.05 (0.18)

Nifty Midcap 100 56872.75 (1.04)

Nifty Next 50 71844.65 (0.30)

Nifty Pharma 20908.5 (0.74)

Nifty Smallcap 100 18723.5 (1.76)

24 Jul, EOD - Global

NIKKEI 225 39154.85 (-1.11)

HANG SENG 17311.05 (-0.91)

DOW JONES 39853.87 (-1.25)

S&P 5427.13 (-2.31)

Login/Signup

Corporate News

You are Here : Home > News > Corporate News >

(05 Jun 2024, 13:48)

RBI oks Zurich Insurance Company's acquisition of 70% stake in Kotak General

Kotak Mahindra Bank announced that the Reserve Bank of India has approved the proposed acquisition of 70% stake in Kotak Mahindra General Insurance Company by Zurich Insurance Company. The transaction will be a combination of primary and secondary acquisitions, for a total consideration of approximately Rs. 5,560 crore. All regulatory approvals required for the transaction have now been received and the transaction will be completed upon fulfilment of other conditions precedent.

More News
More Company News View Company Information