Kotak Mahindra Bank Limited
Government Pension Fund Global (Norway) raised its stake in Kotak Mahindra Bank Limited from 1.32% to 1.50%. The sovereign wealth fund added 1,77,56,563 shares during the period.
A diversified financial services group providing comprehensive banking and financial solutions to retail, corporate, and institutional clients. Its core offerings include retail banking, corporate and treasury banking, investment banking, stock broking, vehicle finance, asset management, life insurance, and general insurance. The company delivers advisory services across its operations and maintains a broad presence in India's financial services sector.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.