KotakBank IndusInd Bank takeover rumour

(Bloomberg) – Kotak Mahindra Bank Ltd., backed by Asia’s richest banker, is exploring a takeover of smaller Indian rival IndusInd Bank Ltd., people with knowledge of the matter said

Read more at: https://www.bloombergquint.com/business/asia-s-richest-banker-said-to-explore-takeover-of-indusind-bank
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Yesterday IndusInd closed at 606 per share and KotakBank at 1390 per share.

Kotak is now at 1,714.00 INR 6 Nov, 3:30 pm IST ·
INDUSINDBK 736.50 INR 6 Nov, 3:30 pm IST ·