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Kotak Mahindra Bank slapped with Rs 61.95 lakh fine by RBI for non-compliance with regulatory requirements.

by Team Small News | Dec 20, 2025 | Kotak Mahindra Bank, RBI

The Reserve Bank of India (RBI) has imposed a fine of Rs 61.95 lakh on Kotak Mahindra Bank for regulatory breaches. The fine was imposed due to the bank’s failure to comply with certain regulations, including those related to know-your-customer (KYC) norms and...

Kotak Mahindra Bank penalized with Rs 62 lakh fine by RBI

by Team Small News | Dec 20, 2025 | Kotak Mahindra Bank, RBI

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 61.95 lakh on Kotak Mahindra Bank for non-compliance with certain regulations. The penalty was imposed on December 11, 2025, according to an RBI statement. The fine was levied for non-compliance with...

Kotak Mahindra Prime Names Sandeep Rath as New Chief of Human Resources, Announces BW People

by Team Small News | Dec 18, 2025 | Kotak Mahindra Bank

Kotak Mahindra Prime, a leading automotive finance company, has announced the appointment of Sandeep Rath as its new Head of Human Resources. This move is seen as a strategic step to strengthen the company’s human resources function and drive business growth. As...

ACE and Kotak Mahindra Bank Partner to Enhance Financing Options for Backhoe Loaders – Construction World

by Team Small News | Dec 12, 2025 | Kotak Mahindra Bank

ACE, a leading construction equipment manufacturer, has partnered with Kotak Mahindra Bank to provide financing options for customers purchasing backhoe loaders. This collaboration aims to make it easier for buyers to acquire these machines, which are essential for...

Kotak Bank shifts focus to mid-sized loans as large corporate demand remains sluggish

by Team Small News | Dec 12, 2025 | Kotak Mahindra Bank

Kotak Mahindra Bank is shifting its focus towards expanding its mid-market corporate loan book, driven by slow growth in the large corporate sector and thin margins. The bank has established a mid-market corporate loan book of approximately ₹15,000 crore and expects a...

Kotak Mahindra AMC’s Nilesh Shah predicts that capital markets will surpass bank lending as a primary source of credit

by Team Small News | Dec 10, 2025 | Kotak Mahindra Bank

Nilesh Shah, the managing director and CEO of Kotak Mahindra AMC, predicts that credit provided by the mutual fund industry will eventually surpass bank credit. He believes that the capital markets are becoming a significant source of credit, employing as many people...
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