Analysts believe that this development is marginally negative for Kotak Mahindra Bank, as Uday Kotak, the promoter MD and CEO, will not be eligible for reappointment once his term gets over. The Reserve Bank of India’s (RBI) final guidelines on the tenure of bank MD, CEOs, or Whole Time Director (WTD) will apply to private
RBI
According to the Reserve Bank of India (RBI), banks in most of the states will remain closed on May 14, 2021, on account of Eid-UI-Fitra. Image: Reuters Banks in India will remain shut for up to 12 days in May 2021, including weekends and festivals. Only the gazetted holidays are observed by banks all over
Lauding the capital markets regulator Securities Exchange Control Board of India (SEBI), Nikhil Kamath, co-founder Zerodha today said that the regulatory body has worked towards protecting investor’s interest. (Image: REUTERS) Lauding the capital markets regulator Securities Exchange Control Board of India (SEBI), Nikhil Kamath, co-founder Zerodha today said that the regulatory body has worked towards
Apart from RBI’s activeness more in bond and now less in FX, other economic and political events could drive momentum in Rupee By Amit Pabari When expectation doesn’t meet reality then the market reacts unexpectedly. The same happened this week when RBI came up against the market’s hawkish tone expectation as given below. Related News
Even as banks in most of the states will remain shut on Wednesday but services such as ATM access, mobile banking, and online banking will remain available Banks will remain closed in most of the states on Wednesday, 14 April 2021, on account of Dr. Babasaheb Ambedkar Jayanti. Only the gazetted holidays are observed by
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