[ MUMBAI: Axis Bank overtook Kotak Mahindra Bank on Thursday to become India’s third most valued private lender after a rout in the latter’s stock. Kotak Bank‘s stock opened deep in the red on Thursday a day after RBI restricted the lender from onboarding customers digitally and issuing credit cards, citing repeated failures to fix … Read more
[ MUMBAI: Ashok Vaswani, MD & CEO of private sector lender Kotak Mahindra Bank who took over on Jan 1 this year, on Monday announced top-level changes in the bank’s top management.KVS Manian, a veteran with the bank and whole-time director now, has been designated as the joint MD, the bank said in a statement … Read more
[ MUMBAI: Kotak Mahindra Bank announced today that the Reserve Bank of India (RBI) has approved the appointment of C S Rajan, Independent Director of the Bank, as the Part-time Chairman. The approval is effective from 1st January 2024, marking a two-year tenure.The decision to appoint Rajan as the next Part-time Chairman follows the retirement … Read more
