Money & Banking

Exclusive advisor to Kotak Investment Advisors’ special situation fund

Our Bureau. Mumbai | Updated on February 12, 2021

Kotak Investment Advisors Ltd (KIAL), on Friday, announced that Rajnish Kumar, former Chairman of State Bank of India, would be exclusive advisor for its $1-billion Special Situation Fund.

Kumar retired from SBI in October last year.

KIAL is a wholly-owned subsidiary of Kotak Mahindra Bank and focusses on the alternate assets business of the group.

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Published on February 12, 2021
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