Kotak Mahindra Bank informed the exchanges on Monday that the Life Insurance Corporation of India has received the Reserve Bank of India's approval to increase its stake in the company up to 9.99%.source https://economictimes.indiatimes.com/industry/banking/finance/banking/lic-gets-rbis-approval-to-increase-stake-in-kotak-mahindra-bank/articleshow/87977810.cms
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