kotak mahindra bank
Business Finance

Kotak Mahindra Denies Bid For IDBI Bank

By BPN News Desk
Kotak Mahindra Bank clarified that it has not submitted a bid for IDBI Bank, responding to market speculation about potential participation in the government’s ongoing disinvestment process. The statement was issued to address reports suggesting the private lender was evaluating an acquisition proposal. Kotak Mahindra Bank Denies IDBI Bank Bid The bank said it has […]
Uday Kotak
Business

Kotak Urges Support for SMEs Amid U.S. Tariff Shock

By BPN News Desk
Billionaire banker Uday Kotak has warned that the latest U.S. tariffs on Indian exports amounting to nearly 50% have created a “major shock” for the economy. The tariffs come in response to India’s continued trade ties with Russia, particularly discounted crude oil purchases. Kotak said the development highlights India’s vulnerability and the urgent need to […]