Kotak Mahindra Bank – Timeline Daily

Kotak Donated Rs 60 crore To BJP Amid Crucial Decisions By RBI On Kotak Mahindra Bank

28Mar

Business

Kotak Donated Rs 60 crore To BJP Amid Crucial Decisions By RBI On Kotak Mahindra Bank

The electoral bond data released by the Election Commission has brought attention to Kotak Mahindra Bank and its chairman, Uday Kotak. A report by Scroll.in highlights that the bank’s subsidiary, Infina Finance Private Limited, purchased electoral bonds worth a significant amount of Rs 35 crore to t...

Ashok Vaswani to Take the Helm of Kotak Mahindra Bank as Founder Uday Kotak Steps Down

Ashok Vaswani has been appointed as the new Chief Executive Officer (CEO) and Managing Director (MD) of Kotak Mahindra Bank. Vaswani will succeed the bank's founder, Uday Kotak, who will remain as a non-executive director of the bank. The bank's interim CEO and MD, Dipak Gupta, confirmed the develop...

ICICI Bank And Kotak Mahindra Bank Fined By RBI For Rule Violations

The Reserve Bank of India (RBI) has decided to slap a penalty of Rs. 12 crore 19 lakh on ICICI Bank for failing to follow rules related to the code of conduct for the bank's directors and fraud reporting. According to the RBI's inspection reports, ICICI Bank sanctioned and committed loans in which t...