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‘I stand in a lonely place of being a founder..’: Uday Kotak's resignation letter to Kotak Mahindra Bank. Full text here Uday Kotak, CEO and Managing Director of Kotak Mahindra Bank, has resigned effective from 1 September, three months ahead of his scheduled resignation on 31 December...

Why Uday Kotak stepped down ahead of his tenure as MD and CEO? Here's what RBI rules say Uday Kotak has resigned as MD and CEO of Kotak Mahindra Bank, with Dipak Gupta taking over until December 31

Uday Kotak steps down as MD & CEO of Kotak Mahindra Bank, here's what he will be doing next Though Uday said he will continue as a non-executive director of the bank. As per details, his tenure as the CEO and MD of the bank ends on 31 December, 2023.

Exploring the evolution of Kotak Mahindra Bank as Uday Kotak resigns Founded in 1985, the Kotak Mahindra group started a bill discounting business under Kotak Mahindra Finance.

Kotak Mahindra Bank sent two names for MD and CEO role after Uday Kotak stepped down: Report Uday Kotak resigns as MD & CEO of Kotak Mahindra Bank; Dipak Gupta to take over until December 31

As Uday Kotak resigns, a look back at Kotak Bank's inception and his response to RBI's granting of license As per Kotak’s statement in 2003, since a bank is central to a customer's financial relationships, the banking platform will meet all his/her financial needs under one roof.

Uday Kotak passes baton of Kotak Mahindra Bank to Dipak Gupta, top things to know about him Gupta will carry out the duties of the MD and CEO until 31 December, which is subject to the approval of the RBI and the members of the bank.

Adani allegations pull bankers into the mix Public sector, private bankers mull impact of corporate governance issues

GQG takes ₹1,527 cr stake in IDFC First Over the past 45 days, GQG Partners has increased its bets on other Indian firms as well

ED arrests Jet Airways founder Naresh Goyal in bank fraud linked money laundering case Jet Airways founder Naresh Goyal arrested by ED in money laundering case linked to alleged bank fraud of ₹538 crore at Canara Bank

Drug regulator to closely monitor small drug firms The primary focus is to ensure strict adherence to the Good Manufacturing Practices norms at their production facilities

‘India among most important markets where we operate’ Amazon’s Russell Grandinetti says the e-commerce market is only set to grow in the country

SoftBank lines up Apple, Nvidia as strategic arm IPO backers SoftBank has secured strategic investors for Arm's IPO, including Apple, Nvidia, Intel, and Samsung. The IPO is expected to raise $5bn to $7bn.

Bajaj Auto's subsidiary gets RBI registration for NBFC business Bajaj Auto's subsidiary, Bajaj Auto Consumer Finance, receives registration from RBI to start non-banking finance business.

Ola joins government-backed ONDC for food delivery services: Report Ola has joined ONDC for food delivery services; testing feature within its app for a small number of users. Ola may appoint a CEO for its cab business, possibly an ex-Unilever executive. Ola Cabs saw its losses widen to INR...

US-based tech company Pegasystems to lay off 240 employees: Report US software company Pegasystems is laying off around 240 employees as part of a reorganization of its customer success roles. This is the second job cut at the company this year.

Fitch affirms ONGC ratings at 'BBB-', Outlook stable Fitch Ratings Thursday gave a stamp of approval to ONGC by keeping its rating at 'BBB-' with stable Outlook. This rating shows that ONGC is considered to have a moderate level of creditworthiness.

Adani stocks, bonds fall after report; volatility may continue The combined market capitalisation of 10 group companies fell by ₹35,210 crore, while Adani bond yields traded offshore rose as a risk off sentiment.

HDFC Bank readies home loan strategy after the merger The bank is in the process of opening savings accounts for all erstwhile home loan customers of HDFC Ltd.

Jalan Kalrock Consortium deposits another ₹100 crore in Jet Airways under revival plan Jalan Kalrock Consortium (JCK) said it has deposited ₹100 crore in Jet Airways in less than 48 hours of the National Company Law Appellate Tribunal (NCLAT) allowing implementation of the revival plans