Profit

Why Kotak Mahindra Bank Bought 15% Stake in MCX

PUBLISHED ON: July 21, 2014 | Duration: 10 min, 23 sec

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Paul Parambi, head of group strategy at Kotak Mahindra Bank explains the rationale for the Rs 459 crore MCX deal that will catapult the lender into the biggest stakeholder of the commodity exchange. There can be significant business upside for MCX, he added.
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