Kotak Mahindra Bank stock

‘Uninterrupted services for our existing customers’: Kotak Mahindra Bank clarifies after RBI imposes curbs

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‘Uninterrupted services for our existing customers’: Kotak Mahindra Bank clarifies after RBI imposes curbs

The Reserve Bank of India (RBI) on Wednesday restricted Kotak Mahindra Bank from onboarding new customers through online and mobile banking channels. It also directed the bank to stop issuing new credit cards. The bank was under scanner after the central bank conducted an examination of its IT systems in the last two years. The … Read more

5 reasons why Goldman Sachs thinks Kotak can be $100 bn-bank in next 4 years

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5 reasons why Goldman Sachs thinks Kotak can be 0 bn-bank in next 4 years

NEW DELHI: Private sector lender , which has underperformed Nifty Bank over the last two years, can rally up to 26 per cent in the next one year and can even hit a market capitalisation of $100 billion in the next four years, foreign brokerage firm Goldman Sachs said in a report. “We believe could … Read more