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He grew the business into Kotak Mahindra Bank, India’s third-largest private sector lender, with a market value of about $44bn. In the process Kotak became Asia’s wealthiest banker — he has ...
India’s central bank on Wednesday ordered Kotak Mahindra Bank to immediately cease onboarding new customers via its online and mobile banking channels and to stop issuing fresh credit cards ...
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Kotak Mahindra Bank shares get rating downgrade after Q4 results: Profit falls 14%; target price hereKotak Mahindra Bank Q4 Results, Profit: Brokerage firm Elara Capital has downgraded its rating on Kotak Mahindra Bank shares after Q4 results FY2025 wherein the private lender reported 14 per cent ...
MUMBAI, April 25 (Reuters) - Kotak Mahindra Bank's shares fell by nearly 11% on Thursday, a day after India's central bank barred the lender that relies heavily on online banking from taking on ...
Kotak Mahindra Bank has recently unveiled its annual report, featuring insights from Vice Chairman and Managing Director, Uday Kotak. In his statement, Kotak expressed optimism amidst the ...
Shares of Kotak Mahindra Bank fell more than 11% after the Reserve Bank of India (RBI) restricted the bank from issuing new credit cards and onboarding new customers via online channels.
Kotak Mahindra Bank share price surged by more than 3% to touch a 52-week high following the board of directors' meeting on Saturday, where Bhavnish Lathia was appointed as the new Chief ...
Kotak Mahindra Bank faces RBI action: The bank was assessed to be deficient in IT Risk and Information Security Governance for two consecutive years, RBI said. The Reserve Bank of India (RBI ...
Jay Kotak, son of founder Uday Kotak who has led the business since establishing it in 1985, is not a contender for the role, according to KVS Manian, the firm’s whole-time director.
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