1 In 5 Super Rich Indians Plans To Move Abroad

These super-rich Indians intend to reside in their chosen host country permanently while retaining their Indian citizenship. Illustration: Uttam Ghosh/Rediff.com   One in five......

Kotak Mahindra Bank's joint MD KVS Manian steps down

Kotak Mahindra Bank on Tuesday announced that its joint managing director K V S Manian, a veteran at the private sector lender, has stepped down with immediate effect. Manian, who had been with the......

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

Ashok Vaswani, a banker with more than three-and-half decades experience in building and scaling up businesses across consumer and corporate banking and payments, will be the next managing director......

RBI fines Kotak Mahindra Bank, IndusInd Bank

The Reserve Bank on Monday said it has imposed penalties of about Rs 1 crore each on Kotak Mahindra Bank and IndusInd Bank for deficiencies in regulatory compliance. Photograph: Francis......

Kotak Mahindra Bank opposes Subhiksha's merger

Beleaguered retail chain Subhiksha on Friday said Kotak Mahindra Bank, which had lent Rs 40 crore (Rs 400 million) to it, on Friday objected to merger of the company with city-based Blue Green......