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Kotak Mahindra Bank Rs

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ED arrests Kotak Mahindra bank manager on charges of money laundering

 The Enforcement Directorate has arrested a manager of a Kotak Bank branch in New Delhi in connection with its money laundering probe in a criminal case of detection of nine alleged fake accounts......

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......

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......

Kotak Mahindra Bank to open more branches

 Kotak Mahindra Bank on Thursday said it planned to expand its network to about 75 branches in three years."We are looking at expanding over a three year period to around 50 to 75 branches with a......

RBI slaps Rs 2 cr penalty on Kotak Mahindra Bank

 As per RBI's banking licensing norms, a private bank's promoter holding has to be brought down to 40 per cent within three years of operations, 20 per cent within 10 years and 15 per cent within 15......

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