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RBI clears Kotak Mahindra Bank plan to buy up to 9.99% stake in Federal Bank
Business
Published on 7 May 2026
A new heavyweight could emerge at Federal Bank
The Reserve Bank of India has approved Kotak Mahindra Bank to acquire up to a 9.99% stake in Federal Bank’s share capital. The approval makes Kotak a potential key institutional shareholder in the Kerala-based lender. Market watchers will now focus on subsequent disclosures to assess how quickly and fully the stake purchase is executed.
- RBI approval enables Kotak Mahindra Bank to buy up to 9.99% in Federal Bank
- Kotak could become a major institutional shareholder in the Kerala-based lender
- Investors will track future filings to see how the stake acquisition progresses
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times