Kotak Mahindra Bank Update by Epic Research

Kotak Mahindra Bank (KMB), has executed definitive agreement to acquire the domestic schemes of PineBridge Mutual Fund (PBI MF), subject to regulatory approvals. PBI MF is managed by PineBridge Investments Asset Management Company (India). The assets included in these schemes are equity oriented which provides a further enrichment to the bank’s equity base.



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Posted in: Indian Market Tips