Kotak Mutual Fund, which previously held 1.58 percent of Bank of Baroda, is no longer listed among its disclosed shareholders, indicating either a complete sale or a reduction of its stake to below the 1 percent reporting threshold.
One of India's largest public sector banks, Bank of Baroda provides comprehensive financial services across personal banking, corporate banking, and international banking segments. The bank serves diverse customer bases including small and medium enterprises, rural communities, and non-resident Indians through an extensive branch network. Its core offerings span retail lending, deposit mobilization, treasury operations, and specialized banking solutions designed to meet the specific financial needs of different customer segments across the country.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.
