Kotak Mahindra Bank says it has to do more to leverage technology

Kotak Mahindra Bank says it has to do more to leverage technology

Facing a RBI ban on tech related loopholes, the newly appointed chief of Kotak Mahindra Bank, Ashok Vaswani in his maiden annual letter to shareholders has said that technology will be at the centre of the lender’s efforts to transform and scale further. Addressing the RBI order Vaswani added that the bank had much more …

Read more

Eid ul-Adha Bank Holiday: Are banks closed on June 17? Check details

Eid ul-Adha Bank Holiday: Are banks closed on June 17? Check details

Bank Holiday on Eid: All public and private banks across India will be closed on Monday, June 17, 2024, in observance of Eid ul-Adha. As a result, services such as cash deposits, withdrawals, cheque clearances, and other banking transactions will be unavailable. However, customers can still access net banking, mobile banking, and ATMs during this …

Read more