Kotak Mahindra General Insurance is a 100% subsidiary of Kotak Mahindra Bank
The RBI has directed the payment bank to settle all pipeline transactions and nodal accounts by March 15, with no further transactions permitted thereafter
One day prior to the offer launch on February 6, Rashi Peripherals raised ₹180 Crore from institutional investors.
The IPO price band was set at ₹147 to ₹155 per equity
The board meeting for the stock split is scheduled for Feb 26, the first in the bank's history.
Policyholders terminating before original tenure would receive higher premium refunds.
The BSE Midcap index surged by 1.4%, while the Smallcap index recorded a modest increase of 0.3%
Fed Governor Michelle Bowman explains how a new type of banking is taking over global landscape.
Retail investors have responded well to the ₹570 Crore book built issue of Jana Small Finance Bank
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