Warren Buffett's Berkshire May Pick Up Big Stake in Kotak Mahindra Bank, Buzz Lifts Shares to 9-Yr High

As per RBI guidelines, Uday Kotak needs to dilute his stake to below 20 percent by December 2018. Kotak Mahindra Bank declined to comment for the story. A response from Berkshire Hathaway is awaited.

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