India's top 10 private banks cut a combined 10,114 employees in FY26, marking the second consecutive year of workforce reduction, according to data from annual reports compiled by The Economic Times. The…
Indian financial institutions have sold a record $8 billion in dollar bonds this year, surpassing the previous high of $7.92 billion set in 2019, according to Bloomberg data. The sales have been…
Kotak Mahindra Bank has invited online applications for a Zonal Legal Manager based in Mumbai, LiveLaw reports. The role covers legal operations across the bank’s West Zone and requires at least seven…
The Delhi State Consumer Disputes Redressal Commission has directed Kotak Mahindra Bank to pay Rs 1.5 lakh in compensation for raising a demand of Rs 19,788 from a customer who had already…
Kotak Mahindra Bank has launched a hybrid home loan that lets customers lock their interest rate for up to 65 months. The fixed-rate period can be 39, 52 or 65 months, after…
The Enforcement Directorate (ED) has filed a chargesheet against nine accused in the Rs 107.24 crore fraud involving Kotak Mahindra Bank and the Panchkula Municipal Corporation. The main accused, former bank deputy…
The Enforcement Directorate has attached assets worth Rs 131.13 crore in its probe into the alleged diversion of Rs 107.24 crore from Municipal Corporation Panchkula accounts. The attachment includes bank balances of…
