Tag: Microfinance
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Kotak Mahindra Gets Quick Yes From RBI To Acquire Sonata Finance
Kotak Mahindra Bank was hoping to get a green light from the Reserve Bank of India (RBI) for buying Sonata Finance by the end of this financial year, FY24. Good news, they got it sooner! On October 19, the RBI said yes, and they made it public on October 20. Kotak bought Sonata Finance for ...