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Axis Bank Acquisition Buzz – To Be Bought By Kotak Mahindra Bank

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If we may believe on a report by brokerage firm Nomura Financial Advisory Services, the time is ripe for Kotak Mahindra Bank to buy Axis Bank. Bank could be a potential acquisition target after its board accepted managing director Shikha Sharma’s plea to cut her fourth three-year term to seven months under RBI pressure. Shikha Sharma, who joined Axis Bank in 2009, ...

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