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Kotak Mahindra Bank

RBI lifts ban on Kotak Mahindra Bank nearly after 10 months

RBI lifts ban on Kotak Mahindra Bank nearly after 10 months

13 Feb 2025, 23:46 PM

In April last year, the RBI restricted Kotak Mahindra Bank from onboarding new customers through online channels and issuing new credit cards.

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

22 Jan 2025, 17:47 PM

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.

Fintech Hightlights

  1. Pazy secures pre-seed funding led by Inuka Capital

  2. IndiaBonds bags Rs 32.5 crore in first external funding

  3. NPCI profit jumps 42% to Rs 1,552 crore in FY25

  4. PayU India's FY25 revenue up 24% to $669 million, but still chasing profit

  5. Kamath brothers pick minority stake in InCred Holdings

  6. Read more highlights...

AI/Emerging Tech

  1. At a Glance: AI Data Labeling companies beyond Scale AI

  2. Darwix AI bags seed funding

  3. Google plans to snap ties with Scale AI after Meta's "significant" investment

  4. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  5. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case

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