Kotak Mahindra Bank gains as CCI clears Zurich Insurance to buy 70%!
Wed, Feb 7, 2024 9:55 AM

Kotak Mahindra Bank gains as CCI clears Zurich Insurance to buy 70%!

A Flip by Avya Verma
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The Kotak Mahindra Bank stock gained nearly 1 percent at the open on February 7, a day after the CCI approved acquisition of 70 percent stake in Kotak Mahindra General Insurance Company by Zurich Insurance Company. At 9:20am, the stock was trading at Rs 1,803. Follow our market blog for live updates On February 6, the Competition Commission of India (CCI) said that it had approved acquisition.

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