Page 3 - Lead Analyst News Today

India Business News: The Reserve Bank of India (RBI) recently imposed restrictions on Kotak Mahindra Bank, preventing the bank from onboarding new customers through its online and mobile banking channels and from issuing new credit cards. This has raised questions among existing and potential customers about the impact of this decision on their accounts and services.

Kotak's share of digital sourcing stood at 95 per cent for new personal loans (volumes), 99 per cent for new credit cards (count) 79 per cent for new business loans disbursed by volume and 90 per cent for new investment accounts opened.

The Reserve Bank of India (RBI) barred Kotak Mahindra Bank from onboarding new customers through online and mobile banking channels. The regulator also put restrictions on the private sector bank on issuing new credit cards. Should the customers of Kotak 811 worry about their accounts? Can Kotak Mahindra Bank customers renew their credit cards now? ET Wealth Online explains.

The US startup ecosystem saw the announcement of a total of 1,137 venture capital (VC) funding deals worth $24.2 billion during the first quarter (Q1) of 2024.

23 Apr, 2024 UBS top M&A financial adviser in South & Central America during Q1 2024, reveals GlobalData Share Print page ...

APAC deal activity down by 12.2% YoY in the first quarter of 2024, reveals GlobalData

Article - Global Travel and Tourism Sector Deal Activity Fell by 14.9% YoY in Q1 2024, According to GlobalData - Travel and tourism sector witnessed the announcement of 165 deals globally during the first quarter (Q1) of 2024. This represents a year-on-year (YoY) decline of 14.9% compared to the announcement of 194 deals during the same period last year, according to GlobalData.

The central bank has in the recent past called for increased monetary policy transmission in the rates to banks and NBFCs. Transmission is important for the RBIs inflation management.

China wants to do what Japan and Korea have done with pop culture.

Curious about Starlink and whether Elon Musk's satellite internet technology is right for you? We answer the most pressing questions about the system that's currently shaking up the ISP market.