Kotak MD & CEO’s assurance to customers after RBI’s curb

(0)
News

Reserve Bank of India on Wednesday halted Kotak Mahindra to onboard customers for its digital-only zero-balance saving accounts. Ashok Vaswani, MD & CEO of Kotak Mahindra Bank released a letter assuring uninterrupted services to the pre existing customers. Read on to know more:

Leave a Reply Cancel reply

I asked ChatGPT how to travel Europe for two weeks with just ₹1 lakh, it said…
An AI-designed two-week Europe itinerary within a ₹1 lakh budget includes destinations like Budapest, Prague, and Kraków. Focus on off-season travel, budget accommodations, cheap eats, and smart transport for an affordable adventure.
Bandhan Bank hikes FCNR deposit rates up to 7.1% for maturities of 3-5 years after RBI swap move
The move follows the Reserve Bank of India’s recent decision to introduce a USD-INR foreign exchange swap facility for banks on newly mobilised FCNR(B) deposits with tenures of at least three years and up to five years.
EPF members get life insurance cover of up to ₹7 lakh at no extra cost: What is the EDLI scheme and how to claim
Many EPF members are unaware of the free insurance benefits under the EDLI scheme, which provides up to ₹7 lakh for nominees or legal heirs upon the employee's death during service. Here are the features and how to claim it. 
Why investing in Indian equities may be a bad idea for NRIs and how GIFT City can fix it
Despite NRIs investing about ₹1.4-1.5 lakh crore in India's stock market for long-term wealth, they face challenges such as hidden taxes and currency depreciation. 
Zerodha Capital's net profit rises 20% to ₹14.7 crore as lending business scales up
Zerodha Capital reported a 44.2% increase in total income to ₹53.5 crore in FY26, with net profit rising 20.5% to ₹14.7 crore, driven by growth in its loan-against-securities business.
'Japan is 100% doable on a real salary': Mumbai influencers share detailed ₹2.4 lakh budget guide
Japan is often considered one of the world's most expensive travel destinations. However, an Instagram post by travel page Planned Time Off is challenging that perception with a detailed cost breakdown of a 15-day trip covering Tokyo, Hakone, Kyoto, Osaka, Nara and Hiroshima.
Personal loans from 8.95%: Compare June 2026 rates of HDFC Bank, ICICI Bank, Axis Bank and other top private lenders
Fast access to funds comes at a cost. Compare personal loan interest rates, processing fees and key borrowing factors across leading private banks in June 2026 to find a cost-effective loan that suits your repayment capacity and financial goals.
I asked ChatGPT to plan perfect monsoon family getaway near Mumbai — Here's what AI recommended
I asked ChatGPT to plan the perfect monsoon family vacation near Mumbai in the last week of June. Here's what the artificial intelligence chatbot when comparing three hill-station destinations: Lonavala, Matheran, and Mahabaleshwar…
Income Tax: ITR-3 Excel Utility released — should taxpayers wait until August or file their returns early?
The income tax return (ITR)-3 is meant for individuals and HUFs who have income from business or profession. Interestingly, the last date of filing tax return via ITR-3 is 31 August and not 31 July. 
SEBI introduces new Gold ETF trading framework with dynamic price bands from 1 September; check details
Big changes ahead for Gold ETFs as SEBI introduces a new trading framework from September 1. Dynamic price bands, pre-open auctions and revised pricing rules aim to improve price discovery, transparency and investor protection in Gold and Silver ETFs.

Kotak MD & CEO’s assurance to customers after RBI’s curb

Leave a Comment

Leave a Reply Cancel reply