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The Kotak Mahindra Bank board will meet on Thursday to consider raising equity capital. The options include a rights issue, private placement, follow-on public offering, QIP and GDRs/ADRs. Adding to the anxiety is the planned media briefing by Uday Kotak on Wednesday. Axis Bank, Mahindra & Mahindra Financial and Bharat Financial Inclusion will remain in focus, as marketmen feel these to be possible buyout candidates.
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