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Kotak must act fast to escape RBI's cyber-risk clamps

RBI has barred Kotak Mahindra Bank from issuing new credit cards and enlisting new customers through its website and app because of tech compliance failures. The private lender should get its house in order quickly. ....

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Sanjiv Bhasin | Sanjiv Bhasin stocks: Use dip to do a SIP in Kotak Bank as RBI won't have a major impact on earnings: Sanjiv Bhasin

Sanjiv Bhasin discusses Kotak Bank s resilience, Bajaj Finance s challenges, and the impact of competition on their performance. Future guidance and return on equity will be crucial indicators to watch in the evolving market dynamics. Bhasin says: "RBI move overall, may not have a major impact on the earnings or the long-term visibility." ....

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Reserve Bank of India Alert on Illegal Entities

The Reserve Bank of India (RBI) on Wednesday issued an alert against unauthorised entities offering foreign exchange (forex) trading facilities to Indian residents with promises of exorbitant returns. ....

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Kotak Mahindra Bank share price: Kotak Bank to face timewise derating; may underperform for 12-18 months: Digant Haria

Digant Haria of GreenEdge Wealth discusses impact of RBI diktat on Kotak Bank, foreseeing continued underperformance and a potential shift in the banking sector towards PSU banks. Haria says: "I do not think Kotak will be the last bank to face these actions. This action can come on more banks and NBFCs in the coming months. I do not think this is the end of the regulator being not so gentle on them." ....

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Kotak Mahindra Bank cannot add new customers as per RBI order: Is your money in the bank safe?

Kotak Mahindra Bank: RBI s order means that Kotak Mahindra Bank cannot onboard new customers or issue fresh credit cards. What changes for existing customers? ....

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