Unaware of any plans by Berkshire to buy a stake: Kotak Bank
Private lender Kotak Mahindra Bank has said it was unaware of any plans by Warren Buffett's Berkshire Hathaway to buy a stake in the bank. The clarification came after a media report claimed Berkshire was looking to pick up a 10% stake in Kotak Mahindra Bank. The deal may be valued between $4 billion and $6 billion, the report said.