Kotak Mahindra Bank Ponders Whether Kingdon Capital Misrepresented Connection With Hindenburg
Kotak Mahindra Bank is reportedly evaluating the possibility of being misled by Kingdon Capital concerning its connections with Hindenburg Research in shorting Adani Group stocks. What Happened: The bank, which is currently under the scanner of the Securities and Exchanges Board of India (SEBI) for facilitating a foreign portfolio investor (FPI) licence for Kingdon Capital, …