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Kotak Mahindra Bank News: Kotak Mahindra Bank Acquires Sonata Finance- Check Details | Companies News

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Kotak Bank acquires Sonata Finance for Rs 537 crore

Kotak Bank acquires Sonata Finance for Rs 537 crore
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Kotak Mahindra Sonata finance: Kotak Bank acquires Sonata Finance for Rs 537 cr

Kotak Mahindra Bank announced the acquisition of NBFC Sonata Finance Pvt Ltd for Rs 537 crore. Sonata operates across 10 states through 549 branches, holding an Asset Under Management (AUM) of around Rs 2,620 crore as of December 31, 2023. The acquisition makes Sonata a wholly-owned subsidiary of Kotak Bank.

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Share Market Highlights 28 March 2024: Indian equity markets end FY24 on a bullish note; Sensex jumps 650 pts, Nifty settles above 22,300

Share Market Highlights 28 March 2024: Indian equity markets end FY24 on a bullish note; Sensex jumps 650 pts, Nifty settles above 22,300
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Kotak Mahindra gets RBI nod to acquire Sonata Finance for ₹537 crore

Kotak Mahindra is set to acquire Sonata Finance in a deal of ₹537 crore

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