In a rare move for an Indian lender, Kotak went outside its own ranks with the selection of Ashok Vaswani as chief executive officer. Some ...

Vaswani will be the second full-time CEO at Kotak Mahindra Bank that began as a bill-discounting firm in the 1980s and converted into a ful...

Pagaya said the affected employees were informed by Tuesday. The company will incur a one-time charge of $4 million due to severance payout...