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Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai.It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. [6]
These investors include State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, Rakesh Jhunjhunwala, Radhakishan Damani and Azim Premji trust. [ 49 ] On 6 March 2020, ICRA downgraded the rating of Yes Bank's ₹ 52,600 crore (equivalent to ₹ 620 billion or US$7.4 billion in 2023) in core bonds to a "D" rating, while Moody ...
The bank began its operations on 17 April 1994, under the chairmanship of S. P. Hinduja. [8]In 2021, the bank become authorized by the Reserve Bank of India (RBI) for collecting direct and indirect taxes, on behalf of the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC).
The new bank, India International Bank , commenced operations in 2012 in Kuala Lumpur, which has a large population of Indians. Andhra Bank holds a 25% stake in the joint-venture, Bank of Baroda owns 40%, and IOB the remaining 35%. IOB opened an Offshore Banking Unit in Colombo, Sri Lanka, on 31 August 2013. The bank also upgraded its existing ...
Bank by mail: Most banks accept cheque deposits via mail and use mail to communicate to their customers; Online banking over the Internet to perform multiple types of transactions; Mobile banking is using one's mobile phone to conduct banking transactions
ICBC (London) plc, by Industrial and Commercial Bank of China; ICICI Bank (UK), owned by ICICI Bank of India; Danske Bank (formerly Northern Bank), owned by Danske Bank of Denmark; Habib Bank UK, owned by Habib Bank of Pakistan; Punjab National Bank (International), owned by Punjab National Bank of India; RCI Bank UK, owned by RCI Banque SA
Shikha Sharma (born 19 November 1958) is an Indian economist and banker. She was the managing director and CEO of Axis Bank from 2009 to 2018. [1] [2] She also worked for nearly thirty years at the ICICI Group, across its bank and insurance companies.
Bank name Established Headquarters Branches Total assets Revenues Refs Axis Bank: 1993: Mumbai, Maharashtra: 5,377 ₹ 1,518,238 crore (US$180 billion) ₹ 106,155 crore (US$13 billion) [24]
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