Kotak Mahindra Bank

مستقر2 خبر2 مصادرآخر تحديث: 1‏/7‏/2026

أحدث الأخبار

Business·1‏/7‏/2026ملخص الذكاء الاصطناعي

Kotak Mahindra Bank acquires Deutsche Bank's India retail arm; fuel prices reduced; Pakistan warns India on water treaty

Kotak Mahindra Bank is acquiring Deutsche Bank's retail, private banking, and wealth management businesses in India. Concurrently, commercial LPG and jet fuel prices have been cut due to lower global oil rates, offering relief to businesses and airlines. Separately, Pakistan has warned India regarding the Indus Water Treaty.

Deutsche Welle

2 د قراءة

Credit Card User Wins Rs 3.21 Lakh Compensation from Kotak Mahindra Bank for Delayed Card Closure

اقتصاد

24‏/4‏/2026ملخص الذكاء الاصطناعي

Credit Card User Wins Rs 3.21 Lakh Compensation from Kotak Mahindra Bank for Delayed Card Closure

A credit card user received Rs 3.21 lakh compensation from Kotak Mahindra Bank after the lender failed to process his card closure requests within the RBI-mandated 7 working days. The user had requested closure of two credit cards in May 2025 after his credit limit was reduced from Rs 1 lakh to Rs 10,000. Despite sending multiple emails and follow-ups, the bank did not close the cards and levied an annual fee. The compensation was calculated at Rs 500 per day per card for 321 days of delay, as per RBI regulations.

Economic Times

3 د قراءة