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Recent regulatory actions by the Reserve Bank of India (RBI) have significantly impacted major financial institutions, including Paytm Payments Bank and Kotak Mahindra Bank. A month ago, the RBI restricted most activities of Paytm Payments Bank, leading to a restructuring plan whose feasibility remains uncertain, as reported by AshwinM_. Meanwhile, Kotak Mahindra Bank has faced severe regulatory sanctions, resulting in a loss of one billion dollars in market value and dropping to fourth in market capitalization behind Axis Bank, discussed by Anirban Chowdhury in 'The Kotak Kerfuffle'.
#ETMorningBriefPodcast | #KotakMahindraBank recently lost a billion dollars in market value and the third place in market cap to Axis Bank. Join Anirban Chowdhury on TMB’s “The Kotak Kerfuffle” as he tries to figure out why #RBI came down hard on the bank and what it means going… https://t.co/aJ7GwmG2pl
#TheMorningBriefPodcast | #KotakMahindraBank recently lost a billion dollars in market value and the third place in market cap to Axis Bank. Join Anirban Chowdhury on TMB’s “The Kotak Kerfuffle” as he tries to figure out why #RBI came down hard on the bank and what it means going… https://t.co/mSK5t2vAHm
Tech has made Indian bank transactions faster, but more complex, writes @andymukherjee70. Regulatory sanctions against Kotak Mahindra won't be the last https://t.co/kporNS6wQE via @opinion
