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Tag: Kotak Mahindra Bank

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Kotak Mahindra Bank Cuts Savings Account Rates by 25 Bps

Kotak Mahindra Bank Cuts Savings Account Rates by 25 Bps

Kotak Mahindra Bank has reduced its savings account rates by 25 basis points (bps) with effect from April 25, 2025. This action is effective on certain balance slabs, which is consistent with current market conditions because banks realign their rate structure. New Rate Structure Kotak Mahindra Bank Cuts Savings Account Rates Balances between ₹5 lakh […]

Kotak Mahindra Bank Convicted for Criminal Breach of Trust

Kotak Mahindra Bank Convicted for Criminal Breach of Trust

Kotak Mahindra Bank Convicted: A Chennai court has fined Kotak Mahindra Bank Rs 20 lakh and convicted it for criminal breach of trust after it collected excess money from a customer and diverted it into its profit account without informing him. Kotak Mahindra Bank Convicted: Getting into the news, Chennai Court has convicted Kotak Mahindra […]

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