Kotak Mahindra Bank shares in focus after CCI approves Rs 4,100 crore loan book deal with Standard Chartered

Kotak Mahindra Bank shares will be closely watched on Wednesday following the Competition Commission of India (CCI) approval for its acquisition of Standard Chartered Bank India's personal loan portfolio for Rs 4,100 crore. The CCI confirmed the approval of the deal, which involves Kotak acquiring Standard Chartered's unsecured personal loans portfolio in India.