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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] As of December 2023, the bank has 1,869 branches and 3,239 ...
FASTag is an electronic toll collection system in India, operated by the National Highways Authority of India (NHAI). [3] [4] It employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it or directly toll owner. It is affixed on the windscreen of the vehicle and ...
Uday Suresh Kotak (born 15 March 1959) is an Indian banker and Founder of Kotak Mahindra Bank, where he is a non-executive director. In the early 1980s, while India was still a closed economy and economic growth was slow, Kotak decided to start on his own, refusing a lucrative job option from a multinational. [2]
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ING Vysya Bank Kotak Bank & ING Vysya Merger. ING Vysya Bank was a privately owned Indian multinational bank based in Bangalore, with retail, wholesale, and private banking platforms formed from the 2002 purchase of an equity stake in Vysya Bank by the Dutch ING Group. This merger marked the first between an Indian bank and a foreign bank. [4]
Currently, Vaswani is the president of Pagaya Technologies. [2] Previously, he has worked at Citigroup and Barclays. [2] [4] At Barclays Bank, UK, he has worked as the CEO. Subsequently, he has also worked as CEO of the Global Consumer, Private, Corporate and Payments businesses of the bank. He has also worked as a member of the group executive ...
Mahindra & Mahindra Financial Services Limited ( MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. [4] It is amongst the top tractor financers in India, with 1000+ offices across the country. [5] Mahindra Finance started on 1 January 1991, as Maxi Motors Financial Services Limited. [6]
The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [31] In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to regulate ...
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