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Kotak Mahindra Bank Spent A Lot On IT, But It May Not Have Spent...

The issue here is governance and that the bank's board of directors did not have formal oversight despite RBI suggesting to banks to have...

Who’s Accountable for Kotak Mahindra Bank’s IT Fiasco?

For the last 5 years, the capital market in contrast to the Bank Nifty has been signalling a major concern with Kotak Mahindra Bank...

From Defender of SBI’s Interests to Mere Valet: The Fall of the Chairman’s Post

The State Bank of India (SBI) is India’s largest bank by assets and the government’s most prestigious bank. Formerly the Imperial Bank of India...

Kotak-Linked NBFC Donated, Not Rs 600 mn, but Rs 1.3 bn, in Electoral Bonds

A Kotak family entity, Infina Finance Private Ltd. (Infina), purchased electoral bonds totalling Rs 1.3 billion – which is more than twice the amount...

Kotak firm’s Rs 60 crore donation to BJP coincided with crucial RBI decisions on...

In a piece published in The Wire a month later, Hemindra Hazari, an independent research analyst registered with the Securities and Exchange Board of India, called this “one...