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2 mins read
Billionaire Uday Kotak all set to get richer after RBI relaxes stock holding rules
Billionaire Uday Kotak is all set to get wealthier after he ended a long-pending issue with the cou…
1 min read
Uday Kotak's position impacted if RBI implements discussion paper
The paper proposed to limit the tenure of bank Chief Executive Officers (CEOs) and Whole Time Dire…
PTI
4 mins read
HDFC Bank is already looking for a new CEO, but RBI's proposed limit to tenure is a threat to Uday Kotak
The Reserve Bank of India (RBI) has issued a discussion paper that proposes limited the tenure of p…
1 min read
RBI found excessive dominance by 1-2 board members even in big commercial banks: Das
Reserve Bank Governor Shaktikanta Das on Monday said the central bank has noticed "excessive domina…
PTI
1 min read
Kotak Mahindra Bank has lost nearly half a billion dollars in market cap after the billionaire promoter was fined by the RBI
Kotak Mahindra Bank's shares were among the list of top losers on the Nifty on Monday, when the m…
3 mins read
Kotak Mahindra Bank, Bandhan Bank and IndusInd Bank share prices soar with refinancing pulling them out of the red
Kotak Mahindra Bank continues to be the top gainer on the stock market followed by Bandhan Bank,…
2 mins read
As inflation cools off, RBI Guv says 'monetary policy on right track'
With the latest official data indicating a cooling off in the headline inflation to 4.7 per cent in…
1 min read
Uday Kotak to sell 2.8 pc stake in Kotak Mahindra Bank
The move would bring the curtains down on a long standoff between the regulator and the bank over …
PTI
3 mins read
IndusInd Bank surges over 4% after RBI committee proposes to increase the cap on promoter stake in private sector banks
IndusInd Bank’s shares are up over 4% after the Reserve Bank of India’s (RBI) Internal Working Grou…
3 mins read
Billionaire Uday Kotak to sell 2.83% stake worth over ₹6,800 crore in Kotak Mahindra Bank
The stake sale would help bring down his stake in the country's fourth largest private sector l…
PTI
2 mins read
Uday Kotak sells 2.83 pc stake in Kotak Mahindra Bank for Rs 6,944 cr
Kotak now has time till mid-August for selling the remaining 0.10 per cent holding in the bank to …
PTI
3 mins read
The RBI may have dealt a $1.5 billion blow to Indian banks’ bottom line
As a result, the creditors of IL&FS, which include many of India’s public sector banks such…
2 mins read
Uday Kotak has pockets deep enough to acquire Yes Bank, say top bankers
Two of India's top bankers on Tuesday opined that Kotak Mahindra Bank (KMB) is best suited to a…
PTI
2 mins read
Kotak Mahindra Bank gets RBI nod for trimming promoters' stake
"Further to our intimation dated 30th January 2020,...the Reserve Bank of India has granted its fin…