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MCX announces Kotak Mahindra Bank gets FMC approval

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Capital Market

For acquistion of upto 15% stake in MCX

Multi Commodity Exchange of India (MCX) announced that the Regulator, Forward Market Commission (FMC) has conveyed its approval to Kotak Mahindra Bank (KMBL) for its proposed acquisition upto 15% of equity shares capital of MCX.

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First Published: Aug 27 2014 | 12:32 PM IST

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