Bank Muscat says to exit stake in Mangal Keshav Securities

It is exploring various options, including a share buyback

Bank Muscat plans to exit its 45.7% stake in an Indian securities firm, Oman's top lender said in a statement on Sunday.

The bank is considering various exit options for its stake in Mangal Keshav Securities Ltd, including a share buyback, the bank said, adding that it had received approval from its board for the planned move.