Kotak Bank shares fall as its name crops up in Adani-Hindenburg saga
After US-based activist investor Hindenburg Research said that Kotak Mahindra Bank created and oversaw an offshore fund structure used to bet against Adani stocks, shares of the private sector lender fell up to 2% to day’s low at Rs 1,768 on BSE. A show cause notice, ostensibly issued by Sebi, released by Hindenburg in the … Read more
