CORPORATE  PRESS  RELEASES  (INDIA)  referral  newsdesk,  May 30,2014 SOURCE  ::  http://www.thehindubusinessline.com/markets/kotak-bank-sheds-324-shares-to-meet-rbi-norms/article6065301.ece?google_editors_picks=true Mumbai, May 30:   Kotak Mahindra Bank said that Kotak Trustee Company Private Limited, a promoter group entity, has sold approximately 2.5 crore shares amounting to around 3.24 per cent shareholding in the bank. The Bank had received a communication from the Reserve Bank of India (RBI) to bring down its promoter shareholding to 40 per cent by September 30, 2014 per estimates provided ...