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Uday Kotak sells 5.6 cr shares in Kotak Mahindra Bank, ends standoff with RBI; shares surge over 7% in early trade
Uday Kotak trims stake in Kotak Mahindra Bank to 19.70% from around 30% earlier
Kotak Mahindra Bank gets nod to raise Rs 500 crore by issuing preference shares on private placement basis
Cabinet allows conversion of prefence shares to equity in 3 banks
