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CPPIB to Sell 1.7% Stake in Kotak Bank for INR 6.2K Crore

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CPPIB, a global pension fund, plans to offload 1.7% of Kotak Mahindra Bank's shares for up to $754m. This move follows a 2% sale in March. Shares are being offered at a discounted price, and the sale is expected to aid CPPIB's investment strategies. The block deal, managed by Kotak Securities, is part of the trend of foreign investors reducing positions in Indian banks due to COVID-19 and regulatory restrictions.

HDFC Bank Launches Mega Car Loan Melas for Easy Car Financing

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HDFC Bank launches big car loan events in 5 Indian regions; partnering with auto brands and dealerships. Kotak Mahindra Bank teams up with Myntra for cashback fashion credit card. All of Capgemini's India sites to run on 100% renewable energy. Airtel's Mumbai airport kiosk caters for doubled demand for international roaming services.

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HDFC Bank Launches Mega Car Loan Melas for Easy Car Financing

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HDFC Bank launches big car loan events in 5 Indian regions; partnering with auto brands and dealerships. Kotak Mahindra Bank teams up with Myntra for cashback fashion credit card. All of Capgemini's India sites to run on 100% renewable energy. Airtel's Mumbai airport kiosk caters for doubled demand for international roaming services.

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