Kotak Mahindra Bank Current Affairs, GK & News
CS Rajan has been appointed as the chairman of Infrastructure Leasing and Finance Ltd (IL&FS) and will take office after Uday Kotak’s term ends this week. CS Rajan has been appointed to this post for a period of six months. Overview: In September 2021, the government had extended the term of Uday Kotak by six ..
Category: Persons in News
USAID (United States Agency for International Development) and USDFC (U.S. International Development Finance Corporation) are sponsoring a US $50 million loan portfolio guarantee to the Kotak Mahindra Bank (KMBL). Key Facts This agreement was signed in order to support increased access of finance for women borrowers as well as micro, small & medium enterprises (MSMEs) ..
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 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 ..
Topics: Banking • Banking in India • CNX Nifty • Debit card • Economy • Financial services • Kotak • Kotak Mahindra Bank • National Payments Corporation of India • Payment and settlement systems in India • Payment systems
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, ..
Topics: BSE SENSEX • CNX Nifty • Companies • Economy of India • HDFC Bank • ICICI Bank • IDFC First Bank • Infrastructure Development Finance Company • Kotak Mahindra Bank • Private-sector banks in India • Public Sector Banks in India • State Bank of India
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 ..
Topics: Bharti Enterprises • CNX Nifty • Companies • Confederation of Indian Industry • Economy of India • Gujarati people • India • Kirloskar Group • Kotak • Kotak Mahindra Bank • Narendran • Uday Kotak