Banking Central | What does RBI know about unsecured loans that we don't?
The central bank’s warning has come in the backdrop of a sharp rise in personal loans in the recent past.
Source: moneycontrol.com
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Banking Central | Wilful defaulters are nothing but financial criminals
These borrowers have gamed the system and for long, escaped the rule of law, using fraudulent tactics. The RBI proposed rules promise to plug the loopholes in the system
Source: moneycontrol.com
Uday Kotak's successor at KMB unlikely to face major challenges, say experts
Currently, joint MD Dipak Gupta will be the interim MD and CEO till a new chief is named.
Source: moneycontrol.com
Kotak Bank trades at all-time low valuation; analysts divided on stock
Uday Kotak will continue as a non-executive director of the bank. With 25.72 percent stake, he also remains the biggest shareholder in the bank
Source: moneycontrol.com
Rs 2,000 note withdrawal: Banks see majority notes from businesses
The Reserve Bank of India said on August 1 that Rs 2,000 banknotes worth Rs 3.14 lakh crore, or 88 percent in circulation, have returned to the banking system, as on July 31.
Source: moneycontrol.com