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Why Has RBI Barred Kotak Mahindra Bank from Adding New Customers Online? What's Next for the Lender?

The RBI said Kotak Mahindra Bank was found to be non-compliant with the corrective action plans issued for 2022-23. The lender lacks ‘robust IT infrastructure and IT Risk Management framework’, and its online and digital banking channels have suffered frequent outages in the last two years

Bombay , Maharashtra , India , Baroda , Gujarat , Bajaj-fiancne , Mahindra-financial-services-on , Kotak-mahindra-bank-to-rs , National-common-mobility-cards , Kotak-bank , Kotak-mahindra-bank , Bombay-stock-exchange-on

Kotak Mahindra Bank shares: Will regulatory overhang delay stock re-rating? What HDFC Bank case suggests

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.

Motilal-oswal , Shivaji-thapliyal , Kotk-mahindra , Head-of-research , Kotak-bank , Kotak-mahindra-bank-ltd , Kotak-mahindra-bank-to , Kotak-mahindra-bank , Lead-analyst , Mahindra-bank , Otak-mahindra-bank-shares , Otak-mahindra-bank-share-price

Paytm new UPI ids: Here's how to activate new ids on Paytm app after merchant migration

On April 17, One97 Communications Limited (OCL), which runs Paytm, started the customer migration to partner with payment service provider (PSP) banks Axis Bank, HDFC Bank, SBI and Yes Bank.

India , Multi-payment-service-provider , Communications-limited , Payment-service-provider , Paytm-payments-bank , Axis-bank , Party-application-provider , National-payments-corporation-of-india , National-payments-corporation , State-bank , Yes-bank

Provident Housing secures Rs 1,150 crore investment from HDFC Capital, ET RealEstate

Provident Housing and HDFC Capital collaboration will add an additional 6.2 million sq ft of new residential projects with a combined gross development value (GDV) of Rs 17,100 crore.

Mumbai , Maharashtra , India , Pali-hill , Provident-housing , Dfc-capital , Uravankara , Engaluru , Dfc-bank ,

RBI's diktat on Kotak Mahindra Bank: What should existing customers, fresh loan and credit card applicants do?

The bank will continue to provide services to its existing clients, including credit card customers. But if you have applied for a loan or to open an account online just before the RBI’s action, you need to check the status of your application. You might have to move your loan or account opening application to a branch channel, which could lead to a delay in the process.

India , Parijat-garg , Sumanta-mandal , Kotak-mahindra-bank , Reserve-bank , Mahindra-bank , Rbis-action-on-kotak-mahindra-bank , Igital-banking , Nline-banking , Obile-banking , Otak-mahindra-bank , Bi-diktat

Accumulate HDFC Bank; target of Rs 1714: KR Choksey

KR Choksey recommended accumulate rating on HDFC Bank with a target price of Rs 1714 in its research report dated April 24, 2024.

Interest-income , Provision-operating-profits , Adj-book , Kr-choksey , Ccumulate , Dfc-bank , Ecommendations ,

Eldeco Infrastructure and Properties secures Rs 350-crore funding from HDFC Capital

Eldeco and HDFC Capital joint platform’s cumulative revenue potential across 17 projects is estimated to be Rs 8,000 crore. Out of this, projects with estimated revenue of Rs 2,000 crore have already been launched in Panipat, Sonipat, Rishikesh and Kasauli.

Kasauli , Himachal-pradesh , India , Ludhiana , Punjab , Delhi , Panipat , Haryana , Rishikesh , Uttaranchal , Sonipat , Rudrapur

Stocks to Watch: RIL, Paytm, Tata Elxsi, Adani Ent, HDFC Bank, Hero MotoCorp, and Others

Stocks to watch: Shares of firms like RIL, Paytm, Tata Elxsi, Adani Ent, HDFC Bank, Hero MotoCorp, and others will be in focus on Tuesday's trade.

Japan , Sebi , Kagoshima , India , Arun-jaura , Tata-elxsi , Wipro , Adani-enterprises , Financial-group , Reliance-industries , Kp-energy , Mukesh-reliance-industries

Stocks to Monitor: RIL, Adani Group, Tata Consumer, Mahindra Logistics, HDFC Bank

The Indian stock market may witness a shift in focus towards individual stocks on Tuesday, as there are no major...

India , Hindustan , India-general- , Tamilnad , Tamil-nadu , Fidelity-investments , Adani-group , Tejas-networks , Mitsubishi , Reliance-industries , Financial-group-inc

Buy HDFC Bank; target of Rs 1,850: ICICI Securities

ICICI Securities is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1,850 in its research report dated April 21, 2024.

Buy , Dfc-bank , Cici-securities , Ecommendations ,