Kotak Mahindra Bank vs RBI: Should Indian banks stay only in Indian hands?

As an RBI deadline ends on Monday for Kotak Mahindra Bank to reduce promoters’ stake, the clamour has increased for a review of the central bank’s ownership guidelines for the country’s private sector lenders.  Continue Reading

Demonetisation was poorly executed, says Kotak Mahindra Bank Chief

The outcome of the controversial demonetisation drive would have been ‘significantly better’ if ‘simple things’ like introducing Rs 2,000 currency notes were avoided, banker Uday Kotak has said.
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