South Indian Bank received RBI approval for Kotak Mahindra Bank to acquire up to 9.99% stake, as per May 06, 2026 intimation.
The approval is subject to compliance with Banking Regulation Act, 1949 and RBI's Acquisition and Holding of Shares Directions, 2025.
Disclosure is made pursuant to SEBI Listing Regulations Regulation 30 and hosted on the bank's website.