Latest News for: Private lenders bank

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Kotak CEO calls for major tech infra upgrade in message to employees

Live Mint 25 Apr 2024
The explosive growth in business through digital channels has increased the need for a completely different level of technology infrastructure, Kotak Mahindra Bank's chief executive officer Ashok ...
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Markets set to open lower; Kotak Mahindra Bank in focus

Business Line 25 Apr 2024
Shares of Kotak Mahindra Bank will be in the spotlight after the RBI barred the private lender from taking on new customers through its online and mobile banking channels.
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Kotak Mahindra Bank to moderate growth following RBI restrictions: Analysts

The Times of India 25 Apr 2024
Kotak Mahindra Bank, India's fourth-largest private lender, may see a moderated ...
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Kotak Mahindra Bank share price tanks 10% as RBI action seen hurting growth, margins

Live Mint 25 Apr 2024
The central bank has barred the private sector lender from new issuances due to deficiencies in the bank’s IT system in 2022 and 2023. Kotak Mahindra Bank believes that these directions will not ...
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REFILE-India's Kotak Mahindra plunges about 10% after ban on adding new clients digitally

Hindustan Times 25 Apr 2024
BENGALURU, - Kotak Mahindra Bank's shares tumbled nearly 10% on Thursday after India's central bank banned the private lender from taking on new clients digitally, which raised concerns about the potential impact on growth.
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Kotak Mahindra Bank Shares Tank 10% After RBI Bans Customer Onboarding Digitally

News18 25 Apr 2024
Kotak Bank plunged 10 per cent to Rs 1,673 after the Reserve Bank of India (RBI) barred the private lender from issuing new credit cards ... .
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Indian stock market: 7 key things that changed for market overnight - Gift Nifty, fall in Meta shares to Treasury yields

Live Mint 25 Apr 2024
The central bank has barred the private sector lender from new issuances due to deficiencies in the bank’s IT system in 2022 and 2023. Read here ... Asset quality of the bank improved.HUL Q4 Results.
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How to get a meeting with the UAE’s $1.5 trillion man

Deccan Herald 25 Apr 2024
the UAE’s largest lender, First Abu Dhabi Bank PJSC; his private investment firm, Royal Group; or the artificial intelligence company G42.</p>.How to Travel to Dubai on a Budget?.<p>If ...
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Banks warned of big losses if they fail to monitor private equity exposure

The Times/The Sunday Times 24 Apr 2024
The Bank of England has told lenders to improve oversight of their dealings with private equity firms amid fears they have unwittingly built up big exposures that will leave them nursing heavy losses in a crisis.
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Invesco India pays ₹5 crore to settle regulatory violation case with markets regulator SEBI

Live Mint 24 Apr 2024
... services firms, including private sector lender IndusInd Bank, while IAMI is the Indian arm of the global investment management firm Invesco having over USD 1.6 trillion in assets under management.
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Foreign loan target missed amid major slippages

Dawn 24 Apr 2024
This also showed that private commercial banks that had shied away in the absence of the IMF programme last year had not returned to Pakistan so far, as the eight-month inflows remained zero against the full-year budgetary target of $4.5bn.

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