Warren Buffett's Berkshire Hathaway in Talks to Buy Stake in Kotak Mahindra Bank, Shares Surge to 9-Year High

As per RBI guidelines, Uday Kotak needs to dilute his stake to below 20 percent by December 2018. Kotak Mahindra Bank declined to comment for the story. A response from Berkshire Hathaway is awaited.

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