Kotak Mahindra bank clarifies Hindenburg’s claims

Kotak Mahindra International Limited (KMIL), a subsidiary of Kotak Mahindra Bank, has issued a clarification regarding the statements made by short-seller Hindenburg Research about the bank's involvement in the Adani saga. In its response to a show-cause notice from the Securities and Exchange Board of India (SEBI), Hindenburg claimed that a…
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