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Today's scoop: 😋 Despite RBI action, Kotak Mahindra Bank stays strong, assuring customers of smooth operations. ☝️ While pausing new credit card issuances temporarily, they're on it—working hand in hand with regulators. ⛔ Stock prices took a hit

8 Startup-Friendly Banks in India 1. YES Bank Startup Banking https://www.yesbank.in/business-banking/startup-banking 2. HDFC Bank SmartUp https://www.hdfcbank.com/personal/pay/cards/startup-services/smartup 3. ICICI Bank InstaBiz for Startups htt

Kotak Mahindra Bank Q2 Results: PAT rises 5% YoY to Rs 3,344 cr; NII jumps 11%

Meet the man who built India's third-largest bank worth 45,000 CR. 1. Born into a 60-member Gujarati joint family, Uday Kotak used to stay in a single house with his family, who shared one kitchen. He worked hard and studied master's at the Universi

RBI Banned Kotak Mahindra Bank from onboarding new users and to stop issuing new credit cards then bank’s Joint MD resigned.Why do Executives leave the company after a issue Comes out Was they forced to resign to regain trust?

HDFC Bank, ICICI Bank, Kotak Bank, Federal Bank, IDFC First Bank And Bandhan Bank to together sell 6.81% stake in Yes Bank worth ₹4,594 Cr to Sumitomo Mitsui Banking Corporation

SBI, Others To Sell 20% Stake In Yes Bank To Japanese financial giant Sumitomo Mitsui Banking Corp. For around Rs 13,484 crore. The board on Friday approved the plan to sell 413 crore shares at Rs 21.5 apiece, subject to receipt of all regulatory an

As per RBI statistics, the size of NBFC sector was pegged at Rs 54 Lakh crores in 2021, which was equivalent of 25% of the asset size of whole banking sector.

In the last few years, the returns from the Indian banking sector have not been very impressive. The PE ratio and PB ratio are all below their averages. Currently, the results of HDFC Bank and Kotak Mahindra Bank will decide whether banking stocks or

Brief History of RBI The Reserve Bank of India (RBI) was established on April 1, 1935, based on the Hilton Young Commission's recommendations and the Reserve Bank of India Act, 1934. Initially, the RBI took over the functions of the Controller of