DNA: Why Did RBI Ban Kotak Mahindra Bank?
Taking strict steps, RBI (Reserve Bank of India) has banned some services of Kotak Mahindra Bank. This news must be seen today by those people whose bank account is in Kotak Mahindra Bank.
Apr 25, 2024, 23:10 PM IST
Banks Se Tech Nahi Ho Rahi, Fintech Se Banking Nahi Ho Rahi: Ashneer Grover's Dig On X
BharatPe co-founder Ashneer Grover has taken dig at RBI's recent clamp down on Banks and Fintech companies.
Apr 25, 2024, 17:19 PM IST
RBI takes big action on Kotak Mahindra Bank
RBI has taken major action against Kotak Mahindra Bank. There has been a ban on adding new customers online. Along with this, restrictions have also been imposed on issuing credit cards.
Apr 25, 2024, 07:16 AM IST
Setback For Kotak Mahindra Bank, RBI Bars It From Onboarding Customers Online, Issuing Credit Cards
The RBI said it took the action under Section 35A of the Banking Regulation Act, 1949.
Apr 24, 2024, 22:26 PM IST
HDFC Bank Shares Plunge Over 8 Pc Post Q3 Earnings; Mcap Erodes By Rs 1 Lakh Crore
HDFC Bank on Tuesday reported a 2.65 per cent rise in consolidated net profit of Rs 17,258 crore for the October-December period against Rs 16,811 crore in the preceding September quarter.
Jan 17, 2024, 17:42 PM IST
Cello World's Rs 1,750 Crore IPO Set For October 30 Debut
Cello World makes things for your home and office. They have stuff like pens, stationery, furniture, and glassware. They make a lot of different products.
Oct 23, 2023, 23:33 PM IST
Ashok Vaswani To Replace Uday Kotak As Next CEO Of Kotak Mahindra Bank
Ashoka Vaswani will replace Uday Kotak as the next CEO of Kotak Mahindra Bank after RBI had approved the recommendation.
Oct 21, 2023, 15:31 PM IST
‘Investment Of Rs 10,000 With Us In 1985 Would Be Worth Around Rs 300 Crore Today’: Started 38 Years Ago With 3 Workers, Uday Kotak's Journey To Build Kotak Mahindra Bank
Let’s delve deeper to read more about Uday Kotak’s journey to build a big financial institute in India, providing 1 lakh direct jobs and competing against giants Goldman Sachs and JP Morgan.
Sep 02, 2023, 19:14 PM IST
Uday Kotak Steps Down As Chairman and MD Of Kotak Mahindra Bank With Immediate Effect
Uday Kotak founded Kotak Mahindra bank 38 years ago with 3 employees in a 300 sqft office in Fort, Mumbai. It is now become a big financial institution, competing against JP Morgan and Goldman Sachs.
Sep 02, 2023, 15:47 PM IST
Savings Account Interest 2023: From Axis Bank to SBI - Check Latest Rate Offered
Jan 24, 2023, 20:44 PM IST
Kotak Mahindra Bank posts 17 pc growth in profit after tax to Rs 3,995 crore in third quarter
The Bank`s operating expenses rose 25.33 per cent to Rs 5,371.32 crore in the reviewed quarter (October-December) from Rs 4,285.57 crore in the corresponding period during the previous year.
Jan 21, 2023, 15:33 PM IST
Kotak Mahindra Bank servers down today: Customers facing problems in ATM transactions, net banking; Check what Bank says
Actually, a strange glitch caused numerous Kotak Mahindra Bank account holders to experience issues with their ATM cards and UPI transactions.
Dec 17, 2022, 19:51 PM IST
Banks hike MCLRs, repo-linked lending rates post RBI rate action
The one-year tenor MCLR is the rate against which most of the consumer loans are tied to.
Oct 17, 2022, 20:32 PM IST
Bad news for customers ahead of Diwali: Loan EMIs to get more expensive as SBI, Kotak, Federal Bank revise lending rates
Country's largest lender State Bank of India (SBI) has revised the MCLR for the benchmark one-year tenor to 7.95 per cent, up by 25 basis points from previous rate. SBI said the new MCLR is effective from October 15, 2022.
Oct 17, 2022, 16:06 PM IST
Federal-Kotak Mahindra banks merger is only 'Speculation', clarifies Federal Bank
Federal Bank says that the merger with Kotak Mahindra is only speculative. It denies holding any merger talks in an exchange filing.
Sep 06, 2022, 13:58 PM IST
Kotak Mahindra Bank, IndusInd Bank fined Rs 1 crore by RBI for THESE reasons
The RBI said a penalty of Rs 1 crore has been imposed on IndusInd Bank for non-compliance with certain Know Your Customer (KYC) norms.
Jul 04, 2022, 19:41 PM IST
Bandhan Bank, Kotak Mahindra, Jana Small Finance, Bank of Baroda, and ICICI increase FD rates after RBI rate hike
Bandhan Bank, Kotak Mahindra Bank, Jana Small Finance Bank, Bank of Baroda, and ICICI Bank are among the lenders.
May 06, 2022, 17:55 PM IST
Bank FDs: Check hike in FD interest rates of HDFC Bank, Axis Bank, Kotak Mahindra
Fixed Deposit programmes have long been the most popular investment option for Indians. Fixed-income securities (FDs) provide a predictable and guaranteed rate of return.
Apr 16, 2022, 16:34 PM IST
Good news! Kotak Mahindra Bank hikes FD interest rates; check latest fixed deposit rates
Kotak Mahindra Bank has increased the interest rates on FD schemes with varying maturity periods.
Apr 14, 2022, 14:10 PM IST
