Kotak Mahindra Bank Ltd, the private sector bank of India which comes under the 4th biggest Indian lender by market capitalization, is likely to price a share offering at the height of an indicative range, hiking $901 million.
According to the Thomson Reuters Publication, IFR, "The bank is pricing about 62 million new shares at 936 rupees each after earlier setting a 930-936 rupees indicative range, putting the total deal at 58 billion rupees ($901 million)"
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