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KOTAK RBI BAN
Sensex falls over 300 points, Nifty below 23,350 amid persistent FII sellingIndian stock markets opened lower on Thursday, with Sensex and Nifty declining due to persistent FII selling and global headwinds. Geojit I...- RBI allows NDF contracts to clients, rebooking of related party tradesThe Reserve Bank of India has made a pivotal move by retracting its earlier April 1 directive, which had restricted banks from offering non...
- Bank stocks fall up to 4% as RBI's forex rules may deliver Rs 5,000 crore shockIndian bank stocks fell up to 4% as the Reserve Bank of India's aggressive currency defense measures threatened to cause losses of up to Rs...
- Lifting of RBI curbs will help Kotak Bank to accelerate loan growth; boost performance: Rahul MalaniThe Reserve Bank of India has lifted the restrictions on Kotak Mahindra Bank, allowing them to onboard new customers and issue credit cards...
- RBI lifts restrictions on Kotak Mahindra BankWelcoming the move to lift restrictions, the bank spokesperson said that the Kotak will work with the RBI to shortly resume digital onboard...
- Kotak Mahindra Bank says it has to do more to leverage technologyKotak Mahindra Bank's new chief emphasizes tech transformation despite RBI ban. Auditors highlight IT system complexities affecting financi...
- Kotak Mahindra Bank plans to hire 400 engineers to ramp up tech transitionThe lender, backed by billionaire Uday Kotak, has already brought on board more than 500 engineers from scratch over the last two years, ac...
- Kotak Mahindra Bank shares fall 4% to fresh 52-week low on another bad newsKotak Mahindra Bank's shares plummeted 4%, hitting a new 52-week low of Rs 1,561 following Joint MD KVS Manian's resignation. Nuvama downgr...
- Asia’s richest banker Uday Kotak loses $1.3 billion after RBI’s banKotak Bank shares tumbled as much as 13% on Thursday after it was barred from adding new customers through its digital channels and from is...
- RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&PS&P Global Ratings warned that RBI's recent regulatory action on Kotak Mahindra Bank could limit the bank's credit growth and profitability...
- Kotak crackdown: The 'Regulatory Bank of India' is taking no chancesKotak Mahindra Bank: The Reserve Bank of India (RBI) is cracking down on regulatory compliance in the banking industry, issuing strict pena...
- RBI action against Kotak Mahindra Bank: Is your Kotak 811 account safe? Can Kotak customers renew cards? 8 key queries answeredKotak Mahindra Bank customers: The Reserve Bank of India (RBI) barred Kotak Mahindra Bank from onboarding new customers through online and ...
- Kotak Bank deposit growth may be hit, shares fall 11%On Wednesday evening, the Reserve Bank of India (RBI) barred the Uday Kotak-promoted lender from onboarding new customers through its onlin...
- Upside capped for Kotak Bank stock in near term, but downside's limited, too"The digital acquisition of customers will be adversely impacted but the reputational impact is surprising since Kotak is considered to be ...
- Kotak Mahindra Bank shares crash 12% after RBI crackdown. Should you buy, sell or hold?Kotak Mahindra Bank's shares plunged 12% to Rs 1,620 after RBI halted new customer onboarding and credit card issuance. Brokerages slashed ...
- Kotak Mahindra Bank is the latest student in RBI's classroomThe Reserve Bank of India's increased scrutiny on Kotak Mahindra Bank has resulted in a temporary halt on acquiring new customers through o...
- Kotak Mahindra Bank faces RBI curbs: Will you be affected? Is your money safe?The RBI on Wednesday prohibited Kotak Mahindra Bank from accepting new clients through its online and mobile banking channels and from issu...
- RBI bars Kotak Bank from adding customers digitallyThe Reserve Bank of India (RBI) has imposed strict restrictions on Kotak Mahindra Bank, a third-most valued private bank in India, for fail...
- Axis Bank snatches the crown of 4th largest bank from RBI-hit Kotak in market value termsKotak Mahindra Bank loses fourth position to Axis Bank on Dalal Street. Shares drop 10% post RBI ban. Analysts foresee derating if issues p...
- RBI lifts ban, allows Bandhan Bank to open branchesThe Central Bank has allowed the Bandhan Bank to open branches without its prior approval.
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