Mumbai (Maharashtra) [India], July 4 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed over Rs 1 crore monetary penalty on Kotak Mahindra Bank Limited for non-compliance with certain directions related to customer protection.
New Delhi [India], September 22 (ANI): The central government has extended the tenure of banker Uday Kotak as the non-executive board member and chairman of the debt-ridden Infrastructure Leasing and Financial Services Limited (IL&FS) for a period of six months till April 2, 2022.