Dr Reddy Gets Replace by Tata Motors in Sensex With Effect From December 19
From December 19 2022, Dr Reddy’s Laboratories will be replaced by Tata Motors in the 30-share benchmark S&P BSE Sensex. Tata Motors closed 0.04 per...
Tag : kotak mahindra bank
Kotak Mahindra Bank Raises MCLR by 10 Bps
On Wednesday, Kotak Mahindra Bank raised its marginal cost of fund-based lending rate (MCLR) by ten basis points. So, the lender’s one-year MCLR is 8.55%,...
Kotak Mahindra Bank Plans to Hire 20 Investment Bankers to Bet on M&A Recovery
The investment banking unit of Kotak Mahindra Bank is planning to expand its business by hiring about 20 bankers, betting that deal activity will rebound...
RBI to Launch First Pilot Project for Digital Rupee Today
The Reserve Bank of India (RBI) is set to launch the first pilot project of a central bank digital currency (CBDC) or e-rupee on Tuesday,...
Asia’s Richest Banker, Uday Kotak Weighs $1 Billion Real Estate Fund
According to people familiar with the matter, Kotak Investment Advisors Limited, supported by Asia’s richest banker Uday Kotak, is considering raising about $1 billion for...
Sensex Up Nearly 300 Points, Nifty Around 18,100
The benchmark stock index opened higher on Thursday, led by banks and financial stocks. Major Asian hubs rose in early trade, while US stocks edged...
Sensex Closes 305 Points Below Session High in Volatile Trade
India’s stock market benchmark ended volatile on Friday, little changed as losses in oil and gas and IT stocks offset gains in financials and FMCG...
Kotak Mahindra Bank Reports 5,278 Fraud Cases in Q1FY22-23, SBI 9 Only
According to the Reserve Bank of India (RBI) data, Leading private sector lender Kotak Mahindra Bank recorded as many as 5,278 fraud cases in Q1FY22-23...
Kotak Mahindra Bank Appoints Bhavnish Lathia as Director of Customer Experience
An individual lender to lead the client experience function for the bank, Bhavnish Lathia, was appointed as the customer experience chief by Kotak Mahindra Bank...
ONDC to Become Live for All Consumers in One City Next Month
The Open Network for Digital Commerce (ONDC) will begin a testing phase in a city next month so that any user in the area can...