Explore the latest news, in-depth reports, and executive analysis tagged with #Kotak Mahindra Bank.
The deal is expected to be completed by September 2027, pending regulatory clearance from the Competition Commission of India.
The stock exchange has been attempting to list since 2016 to provide exit to its investors.
The change will will apply only to new savings bank accounts opened after August 1, 2025.
How internal challenges and shifting priorities derailed Mahindra Finance’s ambition to mirror Bajaj Finance’s success in digital lending.
PhonePe has reportedly onboarded Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to kick off its IPO.
In April last year, the RBI restricted Kotak Mahindra Bank from onboarding new customers through online channels and issuing new credit cards.
The company is expected to proceed with an IPO this year, and may seek to raise $750 million or more at a valuation of $7-$8 billion.
