BUSINESSMay 2 · 12:32 UTCBLOOMBERGSavio Shetty, Siddhi Nayak

Kotak CEO Flags IDBI Valuation Concerns as Privatization Drags

Kotak Mahindra Bank CEO Ashok Vaswani expressed concerns over IDBI's valuation amid delays in privatization. The bank is exploring acquisitions to deploy excess capital as India's financial industry transforms.

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Mentioned

Ashok VaswanipersonKotak Mahindra Bank Ltd.organizationIDBIorganizationMumbaiplaceprivatizationtopicacquisitionstopicIndia's financial industrytopic

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