The private sector lender said that Kotecha's appointment has been made pursuant to the amended investment agreement between the bank and BC Asia Investments VII Ltd, Integral Investments South Asia IV and BC Asia Investments III Ltd.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/axis-bank-board-appoints-bain-capitals-ashish-kotecha-as-nominee-director/articleshow/88284114.cms
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