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CASA ratio stands for current and savings account ratio. CASA ratio of a bank is the ratio of deposits in current, and saving accounts to total deposits. A higher CASA ratio indicates a lower cost of funds, because banks do not usually give any interests on current account deposits and the interest on saving accounts is usually very low 3-4%.
Kotak Mahindra Life Insurance Company Limited is a privately held life insurance company based in India. [2] [3] [4] It was established in 2001 and currently serves 46 million customers in 148 cities and towns across India. [5] [6] The company provides protection, retirement, savings, investment, and annuity plans. [7]
History. The bank was founded on 3 December 1993 as UTI Bank, opening its registered office in Ahmedabad and a corporate office in Mumbai. The bank was promoted jointly by the Administrator of the Unit Trust of India (UTI), Life Insurance Corporation of India (LIC), General Insurance Corporation, National Insurance Company, The New India Assurance Company, The Oriental Insurance Corporation ...
National Common Mobility Card ( NCMC) is an inter-operable transport card conceived by the Ministry of Housing and Urban Affairs of the Government of India. It was launched on 4 March 2019. The transport card enables the user to pay for travel, toll duties (toll tax), retail shopping and withdraw money.
the free encyclopedia that anyone can edit. Leucippus was a Greek philosopher of the 5th century BCE. He is credited with founding atomism, with his student Democritus. Leucippus divided the world into two entities: atoms, indivisible particles that make up all things, and the void, the nothingness between the atoms.
Kotak Mutual Fund is an Indian mutual fund that is managed by Mahindra Asset Management Company (KMAMC). KMAMC started operations in December 1998 and as of 2018, had approximately 74 Lakh investors in various schemes. [6] The fund is a wholly-owned subsidiary of Kotak Mahindra Bank .
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