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Kotak Mahindra Bank to add up to 200 branches in FY25: Official

In April, the Reserve Bank of India (RBI) stopped Kotak from adding new customers via its online and mobile banking channels, and from issuing new credit cards.

A man walks past the Kotak Mahindra Bank branch in New Delhi, India.(Reuters)
Published on Jun 24, 2024 11:19 AM IST
Reuters |

India's gold demand cools post-festival as prices surge, RBI reserves at record

Despite a temporary slowdown after the festival rush, India's gold market shows positive indicators pointing to sustained interest & growth in coming months.

Published on Jun 22, 2024 06:02 PM IST

RBI imposes 1.45 crore fine on Central Bank of India, 96.4 lakh on Sonali bank

RBI cited violations in customer protection and know-your-customer (KYC) norms.

Published on Jun 15, 2024 06:24 PM IST
By | Edited by Abhyjith K. Ashokan

Auto, banks, defence, & aviation sectors to grow in NDA 3.0: Prabhudas Lilladher

India's economy is on a positive trajectory with a focus on infrastructure development driving growth, according to a report by Prabhudas Lilladher.

Published on Jun 15, 2024 05:16 PM IST

ATM users may have to pay more for withdrawals. Here's why

Interchange fees is paid by customers for cash withdrawals at ATMs and CATMI is seeking to raise it to a maximum of ₹23 per transaction.

Interchange fees is paid by the card-issuing bank to the bank where the card is used to withdraw cash.
Updated on Jun 14, 2024 02:03 PM IST
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