This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Kotak Mahindra Bank cleared to acquire India's StanChart personal loan book

( November 27, 2024, 07:23 GMT | Official Statement) -- MLex Summary: Kotak Mahindra Bank, a private sector lender, has received approval from the antitrust watchdog to acquire the personal loan portfolio of Standard Chartered Bank in India, valued at 41 billion rupees ($485 million). The transaction was notified to the Competition Commission of India under the newly adopted deal value threshold, and is probably the first M&A DVT deal to be cleared. The CCI said that a detailed order will follow. Statement from the Competition Commission of India follows:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login