Mumbai: Kotak Mahindra Bank on Tuesday said joint managing director KVS Manian has stepped down to “pursue other opportunities in the financial services sector”, barely a week after the Reserve Bank of India (RBI) put business restrictions on the private-sector lender. A wholetime director, Manian was re-designated joint managing director effective 1 March. Manian, an …
Shares of Federal Bank Ltd. fell as much as 6% in opening trade on Tuesday after some top level rejig that took place at its private peer Kotak Mahindra Bank on Monday evening. Kotak Mahindra Bank informed the exchanges that KVS Manian, the current Whole-time director at the bank has been elevated to Joint Managing …
Mumbai: Private sector lender Kotak Mahindra Bank announced significant leadership changes on Monday, including re-designating whole-time director KVS Manian as the joint managing director effective 1 March. Manian, an alumnus of the Indian Institutes of Technology (BHU) – Varanasi, with a degree in electrical engineering and a postgraduate in financial management from Jamnalal Bajaj Institute …