RBI May Let Rupee Weaken In The Next 2 Quarters: Kotak Bank
The rupee dropped to a record low of 81.2250 to the dollar on Friday.MUMBAI: The RBI may slow its intervention to protect the rupee during October-March, and allow the currency…
Kotak Mahindra Bank Raises Fixed Deposit Rates By Up To 0.35%
For deposits of 390 days, the new rate of interest will be 5.50 per cent, up by 0.30 per cent.New Delhi: Kotak Mahindra Bank Limited (Kotak) on Thursday announced an…
Bank Of Baroda Cuts Interest Rate On Home Loans
Bank of Baroda has reduced its home loan interest ratesMumbai: State-owned Bank of Baroda on Friday said it has reduced interest rate on home loans to 6.50 per cent per…
Facing Governance Issues, BharatPe Orders Independent Internal Audit
BharatPe has ordered an independent audit of its processesAmid growing concerns over governance issues, fintech company BharatPe announced on Saturday that an independent audit of its internal process and systems…
Kotak Mahindra Bank Takes “Legal Action” Against BharatPe Co-Founder
BharatPe co-founder and managing director Ashneer Grover and and his wife Madhuri.Mumbai: Kotak Mahindra Bank on Sunday said it is pursuing “legal action” against co-founder and managing director of the…
Kotak Mutual Fund Launches Midcap 50 Exchange Traded Fund: 5 Things To Know
The Kotak Midcap 50 ETF will replicate the Nifty Midcap 50 IndexLeading fund house Kotak Mahindra Mutual Fund today announced the launch of an Exchange Traded Fund (ETF) – Kotak…
IndiGo, Kotak Mahindra Bank To Launch Co-Branded Credit Card: Check Features
The credit card will enable customers to accrue accelerated ‘6E Rewards’ (points)New Delhi: IndiGo airlines, in partnership with Kotak Mahindra Bank, launched a co-branded credit card which allows customers to…
“Indian Banks May Lose Business To PhonePe, Google Pay”: Uday Kotak
Uday Kotak, Managing Director, Kotak Mahindra BankAsserting that Indian banks have been behind the curve in tapping payments technology, Kotak Mahindra Bank Managing Director Uday Kotak on Friday said they…
Tribunal Rejects Kotak’s Petition To Set Aside Insolvency Proceedings Against MSEL
The National Company Law Appellate Tribunal (NCLAT) has dismissed a petition filed by Kotak Mahindra Bank along with a director of debt-ridden McNally Sayaji Engineering Ltd (MSEL) to set aside…
Kotak Mahindra Bank Gains After RBI Allows LIC To Increase Stake
Shares of the Uday Kotak-led Kotak Mahindra Bank rose as much as 4.1 per cent to hit an intraday high of Rs 2,043.5 on the BSE after the private lender…