Mumbai, Oct 10 (PTI) Kotak Mahindra Bank on Friday said it will provide a grant of Rs 9 crore to 60 startups based in smaller cities as part of its corporate social responsibility spends.

The private sector lender will be spending the money as part of the second edition of 'Kotak Bizlabs Accelerator Programme', an official statement said, adding that 32 startups were provided a grant of Rs 5 crore in the first season of the initiative.

************* * Mahavir Lunawat re-elected as chairman of AIBI The Association of Investment Bankers of India (AIBI) on Friday said that Mahavir Lunawat of Pantomath Capital Advisors has been unanimously re-elected as its chairman.

Lunawat, the founder-chairman of the group, will have a two-year term, an official statement said, adding that Kotak Investme

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