Several major Indian banks, including SBI, HDFC Bank, and Kotak Mahindra Bank, have announced scheduled maintenance on ...
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, citing ...
Kotak Mahindra Bank posts 14% YoY growth in deposits and advances in Q2 FY25, with CASA balances showing steady expansion.
Kotak Mahindra Bank Ltd. 500247 shares inched up 0.21% to 2,149.55 Indian rupees Friday, on what proved to be an all-around ...
Kotak Mahindra Bank shares fell sharply after India's central bank barred it from taking on new clients through online channels and issuing new credit cards. Shares were recently 9.7% lower at ...
The RBI cited the private sector lender’s “continued” failure to address the central bank’s concerns following its IT audit as the reason for the move The RBI said that the bank will continue to ...
This comes after the RBI in April last year decided to cease and desist Kotak Mahindra Bank from onboarding new customers RBI noted that the bank has taken measures to address the erstwhile flagged ...
Besides this, Kotak Mahindra Bank saw an uptick in the average net advances, average CASA, and average deposits as well.