Kotak Mahindra Bank

ICICI hikes minimum balance requirement; Draws flak from Kotak exec

ICICI hikes minimum balance requirement; Draws flak from Kotak exec

10 Aug 2025, 15:00 PM

The change will will apply only to new savings bank accounts opened after August 1, 2025.

From Promise to Pause: The untold story of Mahindra’s digital finance dream

From Promise to Pause: The untold story of Mahindra’s digital finance dream

28 Apr 2025, 04:03 AM

How internal challenges and shifting priorities derailed Mahindra Finance’s ambition to mirror Bajaj Finance’s success in digital lending.

Walmart-backed PhonePe picks 4 investment banks for its IPO

Walmart-backed PhonePe picks 4 investment banks for its IPO

27 Feb 2025, 00:19 AM

PhonePe has reportedly onboarded Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to kick off its IPO.

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 Highlights

  1. RBI committee proposes AI framework for financial services sector

  2. Slice launches second UPI-integrated branch in Gurugram

  3. BharatPe in advanced talks to raise $80-$100 million in pre-IPO round

  4. ICICI hikes minimum balance requirement; Draws flak from Kotak exec

  5. BharatPe reports adjusted profit before tax of Rs 6 crore in FY25
  6. Read more news...

AI/Emerging Tech

  1. xAI co-founder Igor Babuschkin steps down to launch own venture

  2. Anthropic acquires team behind Humanloop

  3. Perplexity AI launches bold pitch to buy Google's Chrome for $34.5 billion

  4. AI unicorn Fractal Analytics files draft papers for IPO

  5. Nvidia, AMD agree to pay 15% of high-end AI chip revenue from China to US govt
  6. Read more news...

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