Citigroup isn’t the only foreign bank struggling in India, a closer look at the country’s banking ecosystem reveals.
A Glimpse Of India Inc’s Agile And Innovative COVID-19 Response
India has recently become the fifth most affected country with more than a quarter of a million cases and almost 7500 deaths. The pandemic hit came along with an economic crisis. However, the response from India Inc in fighting the COVID-19 pandemic has been laudable.
RBI slaps Rs 2 crore fine on Kotak Mahindra Bank
RBI imposes Rs 2 crore penalty on Kotak Mahindra Bank for lack of disclosure of promoter stake The Reserve Bank of India has imposed a penalty of Rs 2 crore on Kotak Mahindra Bank for the non-state lender’s failure to…