UDS, which is a facilities management provider has acquired a majority stake in Matrix Business Services, which operates in the business assurance and background verification segment. This acquisition includes buying out the entire 19.77% stake of Kotak Mahindra Investments and 2.67% of Mahindra & Mahindra Contech and the balance 52.56% from other shareholders, mainly from ..
Kotak Mahindra Bank: GK, Current Affairs, Questions, Trivia and News
Kotak Mahindra Bank has unveiled the first debit card-based authentication solution on National Payments Corporation of India’s e-Mandate API (Application Program Interface) platform. Kotak Mahindra Bank has become the first ever Destination Bank to go live with both Net Banking and Debit Card-based e-mandate authentication. The motive behind this is to allow Kotak customers to ..
Forbes has recently compiled a first-ever list of the World’s Best Bank 2019 in terms of customer services and technological advancements. The private lender, HDFC Bank, was ranked at the top of the Forbes list of Indian banks, followed by ICICI Bank, DBS, Kotak Mahindra Bank and IDFC Bank. However, India’s largest public sector bank, ..
Vikram Kirloskar, the CMD of Kirloskar Systems Ltd, has taken charge as the new President of the Confederation of Indian Industry (CII). He succeeded Rakesh Bharti Mittal, Vice Chairman of Bharti Enterprises. Uday Kotak, the founder and MD & CEO of Kotak Mahindra Bank, is the President-Designate and T.V. Narendran, the CEO & MD of ..
Private Sector Banks refer to those banks where most of the capital is in private hands. In India, there are two types of private sector banks viz. Old Private Sector Banks and New Private Sector Banks. Old private sector banks are those which existed in India at the time of nationalization of major banks but ..