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Kotak Mahindra Bank

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Banking, Fintech & Insurance 16 Oct 2026, 07:05 AM IST

NCLT Admits Kotak Mahindra Bank’s Insolvency Plea Against Unity Realty

The National Company Law Tribunal has admitted Kotak Mahindra Bank’s insolvency petition against Unity Realty and Developers over an alleged default of ₹68.49 crore, marking a significant escalation in a dispute linked to financial stress at Unity Infraprojects. The case underscores how corporate guarantees can pull related entities into insolvency proceedings when underlying borrowings sour. The default is said to date back to September 2023.

By RDU Global Wire5 min read
Banking, Fintech & Insurance15 Oct 2026, 01:58 PM IST

HDFC Bank, Kotak Mahindra Bank Name Two Anups to Lead Succession Reset

HDFC Bank and Kotak Mahindra Bank have each turned to a new chief executive in a closely watched leadership reshuffle that underscores the depth of succession planning at India’s top private lenders. Anup Bagchi will take over as MD and CEO of HDFC Bank on October 26, while Anup Saha will assume the top job at Kotak Mahindra Bank on January 1.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 05:25 AM IST

Kotak Mahindra Bank Names Anup Kumar Saha as Next CEO, Signalling Continuity and Customer Focus

Kotak Mahindra Bank has appointed Anup Kumar Saha as its next Managing Director and Chief Executive Officer, with his term set to begin on January 1, 2027, subject to regulatory and shareholder approvals. The move places a long-serving insider with more than 32 years of banking and financial services experience at the helm of one of India’s most closely watched private lenders.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 01:18 AM IST

HDFC Bank, Kotak Mahindra Bank Tap Two Anups in Major CEO Succession Reset

HDFC Bank and Kotak Mahindra Bank have each chosen a new chief executive in a closely watched leadership transition that reshapes the top tier of Indian banking. Anup Bagchi will take over as MD and CEO of HDFC Bank on October 26, while Anup Saha will assume the same role at Kotak Mahindra Bank from January 1.

5 min readRead →
Banking, Fintech & Insurance14 Oct 2026, 11:59 PM IST

Anup Saha, a Numbers-First Operator, Set to Lead Kotak Mahindra Bank in 2027

Anup Kumar Saha is set to take over as chief executive of Kotak Mahindra Bank in January 2027, marking a planned leadership transition at one of India’s most closely watched private lenders. Known for concise meetings, direct communication and a strong command of finance, Saha will inherit the task of accelerating loan growth while broadening the bank’s deposit base.

5 min readRead →
Banking, Fintech & Insurance14 Oct 2026, 11:18 PM IST

Kotak Mahindra Bank Names Veteran Banker Anup Kumar Saha as Next CEO

Kotak Mahindra Bank has named Anup Kumar Saha, currently a whole-time director, as its next managing director and chief executive officer, with the appointment set to take effect on January 1, 2027, subject to shareholder approval. The move, made after Reserve Bank of India approval, signals continuity at one of India’s most closely watched private lenders as it prepares for a leadership transition.

6 min readRead →
Banking, Fintech & Insurance09 Oct 2026, 08:51 AM IST

Anup Saha’s Rise Signals Kotak’s Next Phase of Disciplined Growth

Anup Kumar Saha is set to take over as chief executive of Kotak Mahindra Bank in January 2027, marking a carefully telegraphed succession at one of India’s most closely watched private lenders. Known for concise meetings, direct communication and a numbers-first approach, Saha is expected to focus on accelerating loan growth while broadening the bank’s deposit franchise.

5 min readRead →
Banking, Fintech & Insurance09 Oct 2026, 05:56 AM IST

NCLT Admits Kotak Mahindra Bank’s Insolvency Plea Against Unity Realty

The National Company Law Tribunal has admitted Kotak Mahindra Bank’s insolvency petition against Unity Realty and Developers over an alleged default of ₹68.49 crore, marking a significant escalation in a credit dispute tied to financial facilities extended to Unity Infraprojects. The case underscores how corporate guarantees can pull related entities into insolvency proceedings when the principal borrower runs into distress.

5 min readRead →
Banking, Fintech & Insurance09 Oct 2026, 03:11 AM IST

NCLT Admits Kotak Mahindra Bank Insolvency Plea Against Unity Realty

The National Company Law Tribunal has admitted Kotak Mahindra Bank’s insolvency petition against Unity Realty and Developers over an alleged default of ₹68.49 crore, marking a significant escalation in a dispute tied to lending extended to Unity Infraprojects. The case underscores how corporate guarantees can pull related entities into insolvency proceedings when a borrower’s stress spills over into the wider group structure.

5 min readRead →
Banking, Fintech & Insurance08 Oct 2026, 11:47 PM IST

HDFC Bank, Kotak Mahindra Bank Tap Two Anups to Resolve Banking Succession Puzzle

HDFC Bank and Kotak Mahindra Bank have each named a new chief executive, installing Anup Bagchi and Anup Saha in two of the country’s most closely watched banking transitions. The appointments mark a significant leadership reset at two private-sector lenders as they prepare for the next phase of growth under new management.

5 min readRead →
Banking, Fintech & Insurance08 Oct 2026, 01:06 PM IST

RBI Clears Anup Saha to Lead Kotak Mahindra Bank as MD and CEO from 2027

The Reserve Bank of India has approved the appointment of Anup Kumar Saha as managing director and chief executive officer of Kotak Mahindra Bank for a three-year term beginning January 1, 2027. He will succeed Ashok Vaswani, with the Kotak board now expected to formalize the appointment and seek shareholder approval.

5 min readRead →
Banking, Fintech & Insurance08 Oct 2026, 05:27 AM IST

Kotak Mahindra Bank Among Five Stock Picks as Traders Position for Medium-Term Gains

Analysts have flagged five stocks — Black Box, Deep Industries, MRPL, Leela Palaces and Kotak Mahindra Bank — as medium-term opportunities as markets digest the Reserve Bank of India’s shift toward calibrated tightening. The calls come amid technically constructive charts, bullish momentum and firm support levels, with investors now looking ahead to September-quarter earnings and management commentary for confirmation.

5 min readRead →
Banking, Fintech & Insurance07 Oct 2026, 11:48 PM IST

Kotak Mahindra Bank Among Five Stock Picks as Traders Position for Medium-Term Gains

Analysts have identified five stocks — Black Box, Deep Industries, MRPL, Leela Palaces and Kotak Mahindra Bank — as potential medium-term opportunities as markets digest the Reserve Bank of India’s shift to calibrated tightening. Technical charts point to breakouts, improving momentum and firm support levels, while investors now look ahead to September-quarter earnings and management commentary for confirmation.

5 min readRead →
Banking, Fintech & Insurance07 Oct 2026, 10:17 PM IST

Indian Equities End Lower as RBI Rate Hike Hits Sentiment; Kotak Bank and Bharti Airtel Defy the Sell-Off

Indian equities closed lower on Wednesday after the Reserve Bank of India raised the repo rate by 25 basis points to 5.5% and shifted its policy stance to calibrated tightening. The move pressured rate-sensitive and broad market sentiment, even as Kotak Mahindra Bank and Bharti Airtel emerged as notable gainers while Titan Company, Adani Enterprises and Hindalco led the declines.

5 min readRead →
Banking, Fintech & Insurance07 Oct 2026, 05:39 PM IST

Kotak Mahindra Bank names Anup Kumar Saha as MD and CEO from 2027

Kotak Mahindra Bank has appointed Executive Director Anup Kumar Saha as its next Managing Director and Chief Executive Officer for a three-year term beginning January 1, 2027. The move signals continuity at one of India’s most closely watched private-sector lenders, with Saha bringing more than 32 years of experience in financial services and a recent operating role inside the bank.

5 min readRead →
Banking, Fintech & Insurance07 Oct 2026, 02:48 PM IST

PNB, Kotak Mahindra Bank Lead Gains as RBI Rate Hike Lifts Bank Stocks

Indian bank shares rose as much as 2% on Monday after the Reserve Bank of India raised the repo rate by 25 basis points to 5.50%, with the Nifty Bank index moving above 55,500. Investors appeared to read the move as a calibrated tightening step that could support lending margins even as it signals a more cautious monetary stance.

6 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 09:58 PM IST

Anup Saha’s Ascendancy Signals a Numbers-First Era at Kotak Mahindra Bank

Anup Kumar Saha is set to take over as chief executive of Kotak Mahindra Bank in January 2027, marking a carefully telegraphed succession at one of India’s most closely watched private lenders. Known for concise meetings, direct communication and a strong command of finance, Saha is expected to focus on accelerating loan growth while broadening the bank’s deposit base.

5 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 02:23 PM IST

RBI Clears Anup Saha for Kotak Mahindra Bank CEO Role

The Reserve Bank of India has approved Anup Kumar Saha’s appointment as managing director and chief executive officer of Kotak Mahindra Bank for a three-year term beginning January 1, 2027. He will succeed Ashok Vaswani, subject to formal approval by the bank’s board and shareholders.

5 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 09:55 AM IST

HDFC Bank and Kotak Mahindra Bank Tap Two Anups to Reset Top Leadership

HDFC Bank has appointed Anup Bagchi as its new managing director and chief executive officer, effective October 26, after Sashidhar Jagdishan opted not to seek reappointment at the end of his six-year term. Kotak Mahindra Bank has separately named Anup Saha as its next MD and CEO from January 1, setting up a rare simultaneous leadership transition at two of India’s most closely watched private lenders.

5 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 05:34 AM IST

Kotak Mahindra Bank Advances Jump 24.7% as Deposits Rise 23.2% in Q2

Kotak Mahindra Bank reported robust provisional growth in the September quarter, with net advances rising 24.7% year-on-year to Rs 5,77,094 crore and total deposits increasing 23.2% to Rs 6,51,491 crore as of September 30, 2026. The lender also said CASA deposits grew 11.3%, underscoring continued traction in low-cost funding even as competition for deposits remains intense across the banking system.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 09:38 PM IST

Kotak Mahindra Bank Names Anup Kumar Saha as Managing Director and CEO

Kotak Mahindra Bank has appointed Anup Kumar Saha as its next Managing Director and Chief Executive Officer for a three-year term beginning January 1, 2027. The move elevates a long-serving financial services executive with more than 32 years of experience and signals continuity at one of India’s most closely watched private-sector lenders.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 07:46 PM IST

Kotak Mahindra Bank Names Anup Kumar Saha as Next CEO, Signalling Continuity and Customer Focus

Kotak Mahindra Bank has named Anup Kumar Saha as its next Managing Director and Chief Executive Officer, with the appointment set to take effect on January 1, 2027, subject to shareholder approval. The move, following Reserve Bank of India approval, places a long-serving banker with more than 32 years of experience at the helm of one of India’s most closely watched private lenders.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 07:23 PM IST

RBI Clears Anup Saha to Lead Kotak Mahindra Bank as MD & CEO from 2027

The Reserve Bank of India has approved Anup Kumar Saha’s appointment as managing director and chief executive officer of Kotak Mahindra Bank for a three-year term beginning January 1, 2027. He will succeed Ashok Vaswani, with the Kotak board now set to formalise the appointment and seek shareholder approval. The move positions a seasoned financial services executive with deep experience across lending and banking to steer one of India’s most closely watched private lenders through its next phase of growth and regulatory scrutiny.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 06:41 PM IST

NCLT Admits Kotak Mahindra Bank’s Insolvency Plea Against Unity Realty

The National Company Law Tribunal has admitted Kotak Mahindra Bank’s insolvency petition against Unity Realty and Developers over an alleged default of ₹68.49 crore, marking a significant escalation in a long-running credit dispute. The case stems from financial facilities extended to Unity Infraprojects, for which Unity Realty acted as corporate guarantor, and underscores the continuing stress in parts of India’s real estate-linked borrowing ecosystem.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 02:01 PM IST

Kotak Mahindra Bank Names Anup Kumar Saha as New MD and CEO

Kotak Mahindra Bank has appointed Anup Kumar Saha as its next Managing Director and Chief Executive Officer for a three-year term beginning January 1, 2027. The move elevates a long-serving financial services executive with more than 32 years of experience and signals continuity at one of India’s most closely watched private-sector lenders.

5 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 11:29 PM IST

Who Is Anup Kumar Saha, Kotak Mahindra Bank’s Next CEO?

Kotak Mahindra Bank has named Anup Kumar Saha as its next Managing Director and Chief Executive Officer, with his term set to begin on January 1, 2027, subject to shareholder approval. The appointment, cleared by the Reserve Bank of India, places a seasoned banker with more than 32 years of experience at the helm of one of India’s most closely watched private lenders.

5 min readRead →
Markets, IPOs & Wealth04 Oct 2026, 02:59 PM IST

Jhunjhunwala-Linked Fund Takes Stake in TFCI as Tourism Finance Outlook Improves

A fund associated with the late investor Rakesh Jhunjhunwala has acquired a stake in Tourism Finance Corporation of India, drawing market attention to the lender’s improving business outlook and the broader revival in tourism-linked credit demand. In an interview with CNBC-TV18, TFCI Managing Director Satpal Arora said the company is seeing a healthier operating environment and remains focused on disciplined growth.

6 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 07:39 AM IST

NCLT Admits Kotak Mahindra Bank Insolvency Plea Against Unity Realty

The National Company Law Tribunal has admitted Kotak Mahindra Bank’s insolvency petition against Unity Realty and Developers over an alleged default of ₹68.49 crore. The case stems from financial facilities linked to Unity Infraprojects, with Unity Realty acting as corporate guarantor, and now moves the matter into the formal insolvency resolution process.

5 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 07:18 AM IST

NCLT Admits Kotak Mahindra Bank’s Insolvency Plea Against Unity Realty

The National Company Law Tribunal has admitted Kotak Mahindra Bank’s insolvency petition against Unity Realty and Developers over an alleged default of ₹68.49 crore, marking a significant escalation in a dispute linked to financing extended to Unity Infraprojects. The case underscores the continuing stress in parts of India’s real estate credit market, where corporate guarantees are increasingly being tested in insolvency proceedings.

6 min readRead →
Automotive, EVs & Mobility04 Oct 2026, 05:52 AM IST

Visa Showcases the Next Phase of Trusted Commerce and Payments at #GFF26

Visa used its booth at #GFF26 to spotlight how trusted commerce is evolving across mobility, digital payments, and connected consumer experiences. The presentation underscored the company’s push to make transactions more seamless, secure, and embedded into everyday journeys, including the fast-changing automotive and EV ecosystem in India.

5 min readRead →
India Entertainment & Culture04 Oct 2026, 04:08 AM IST

Gandhi Through the Artist’s Eye: From Nandalal Bose to Gigi Scaria, a Visual Legacy Endures

On Gandhi Jayanti 2026, India’s artistic memory of Mahatma Gandhi remains as politically charged as it is culturally revered. From Nandalal Bose’s foundational nationalist imagery to contemporary reinterpretations by artists such as Gigi Scaria, Gandhi continues to be reimagined as a symbol of conscience, resistance and nationhood.

5 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 03:47 AM IST

Kotak Mahindra Bank Names Anup Kumar Saha as Managing Director and CEO

Kotak Mahindra Bank has appointed Anup Kumar Saha as its next Managing Director and Chief Executive Officer for a three-year term beginning January 1, 2027. Saha, currently an Executive Director at the lender, brings more than 32 years of experience in financial services and has already handled multiple responsibilities within the bank since joining in January 2026.

5 min readRead →
National Governance & Policy04 Oct 2026, 03:26 AM IST

India Rolls Out ‘Jal Arpan’ in Over 1,850 Panchayats to Deepen Community Control of Rural Water Systems

As part of special Gram Sabha meetings held on Gandhi Jayanti, more than 1,850 gram panchayats across rural India conducted ‘Jal Arpan’ programmes under Jal Jeevan Mission 2.0. The initiative is designed to strengthen community ownership of rural drinking water systems, signaling a policy shift from infrastructure delivery alone toward local stewardship, accountability, and long-term sustainability.

5 min readRead →
Startups & Venture Capital04 Oct 2026, 02:44 AM IST

TakeMe2Space, SatLeo Labs and EON Space Labs Send Payloads to Orbit on SpaceX Falcon 9

Three Indian spacetech startups have placed payloads into orbit aboard a SpaceX Falcon 9 mission, marking a notable step for the country’s emerging private space economy. The launch carried AI computing and Earth observation technologies from TakeMe2Space, SatLeo Labs and EON Space Labs, underscoring how Indian startups are moving from prototype development toward in-orbit validation.

6 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 01:18 AM IST

RBI Seeks External Views on Anup Bagchi for HDFC Bank CEO Role Amid Banking Gap Concerns

The Reserve Bank of India is actively sounding out regulators and market participants on the possible elevation of Anup Bagchi to the top job at HDFC Bank, according to people familiar with the matter. The consultation reflects the central bank’s caution over Bagchi’s three-year absence from mainstream banking, even as he emerges as the leading contender for one of India’s most closely watched financial appointments.

5 min readRead →
India Sports & Cricket04 Oct 2026, 12:57 AM IST

Prime Minister Congratulates Indian Men’s Cricket Team on Retaining Asian Games Gold

Prime Minister Narendra Modi has congratulated India’s men’s cricket team after it successfully defended its Asian Games gold medal, underscoring the growing political and symbolic weight of cricket in India’s international sporting profile. The message comes as the team’s repeated success reinforces India’s dominance in a format that has only recently gained a foothold in the Asian Games programme.

5 min readRead →
Macro Economy & Fiscal Policy04 Oct 2026, 12:16 AM IST

Government Readies New Affordable Housing Policy Within Six Months, Credai Says

The government is preparing a revised affordable housing policy that could be unveiled within the next six months, according to the real estate industry body Credai. The group has urged policymakers to drop the existing ₹45 lakh per-unit price cap and define affordability primarily through unit size, arguing that the current framework no longer reflects market realities in major Indian cities.

6 min readRead →
Banking, Fintech & Insurance03 Oct 2026, 10:54 PM IST

NCLT Admits Kotak Mahindra Bank Insolvency Plea Against Unity Realty

The National Company Law Tribunal has admitted Kotak Mahindra Bank’s insolvency petition against Unity Realty and Developers over an alleged default of ₹68.49 crore, marking a significant escalation in a dispute tied to financial facilities extended to Unity Infraprojects. The case underscores how corporate guarantees can pull related entities into insolvency proceedings when the primary borrower runs into distress.

5 min readRead →
Macro Economy & Fiscal Policy03 Oct 2026, 07:47 PM IST

Below-Normal Monsoon Raises Fresh Concern Over Rural Demand for FMCG Firms

A below-normal monsoon is emerging as a key risk for India’s fast-moving consumer goods sector, with analysts warning that weaker rainfall could curb rural purchasing power and delay a broader demand recovery. The impact is expected to be uneven across regions, as some parts of the country have faced sharper rainfall deficits than others, complicating the outlook for staples, personal care products and discretionary household spending.

5 min readRead →
Banking, Fintech & Insurance03 Oct 2026, 07:26 PM IST

CAIT Denies 'No UPI Day' Call, Says Reports on October 2 Boycott Are Misleading

The Confederation of All India Traders has rejected media and social media claims that it has backed a nationwide 'No UPI Day' on October 2. The clarification comes amid rising speculation over a proposed merchant discount rate levy on certain UPI transactions above Rs 2,000 from October 15.

5 min readRead →
India Sports & Cricket03 Oct 2026, 08:56 AM IST

Lovlina Borgohain Marks Birthday With First Asian Games Gold in Women’s Boxing

Lovlina Borgohain turned her birthday into a landmark moment for Indian sport by winning her maiden Asian Games gold in women’s boxing. The victory made her only the second Indian woman after MC Mary Kom to secure an Asian Games boxing gold, underscoring her rise as one of the country’s most accomplished fighters.

5 min readRead →
National Governance & Policy03 Oct 2026, 06:52 AM IST

India’s Q2 Growth Seen at 7.3% as Finance Ministry Flags Global Risks

India’s economy is projected to have expanded 7.3% in the July-September quarter, according to the Finance Ministry’s latest review, underscoring continued momentum in one of the world’s fastest-growing major economies. The ministry, however, warned that elevated oil prices, tighter global financial conditions and uncertainty around US trade policy could temper the outlook in the months ahead.

5 min readRead →
National Governance & Policy03 Oct 2026, 03:17 AM IST

Probe Clears BAPS in Eiffel Tower Visit Controversy Over Women Employees

A probe into a controversy surrounding a BAPS visit to the Eiffel Tower has concluded that the Hindu organisation did not ask for women employees to be removed from the visitor route, according to BAPS Paris. The finding narrows a dispute that had raised questions about discrimination, protocol, and the handling of a high-profile cultural visit in France.

5 min readRead →
Banking, Fintech & InsuranceJust now (06:50 PM IST)

PSB Bank Chief Says Alternative Payment Rails Are Reshaping Cross-Border Finance

PSB Bank Chairman Petr Fradkov has described cross-border payments as one of the economy’s most closed and strategically sensitive sectors, underscoring how alternative infrastructure is emerging to keep transactions moving amid global fragmentation. In an interview with RBC, he outlined the operating logic of the A7 international payment system, which functions as a workaround in a market where traditional international payment channels are increasingly constrained.

5 min readRead →
India Sports & CricketJust now (05:25 PM IST)

Prime Minister Congratulates Indian Women’s Hockey Team on Historic Asian Games Gold After Four-Decade Wait

The Prime Minister has congratulated India’s women’s hockey team after it secured a landmark Asian Games gold medal, ending a drought of more than four decades. The victory is being viewed as both a sporting breakthrough and a symbolic moment for women’s sport in India, underscoring the growing visibility of female athletes on the international stage.

5 min readRead →
Global Markets & EquitiesJust now (02:18 PM IST)

US 10-Year Treasury Yield Surges to 5.34%, Highest Since 2002

The yield on the benchmark 10-year US Treasury note has climbed to 5.34%, its highest level since 2002 and above the 2007 peak, underscoring a sharp repricing across global bond markets. The move comes as 30-year US government bonds also touched a 24-year high this week, with investors increasingly focused on elevated oil prices, Middle East tensions and the prospect of further central bank tightening.

5 min readRead →
Banking, Fintech & InsuranceJust now (10:56 PM IST)

HDFC Bank and Kotak Mahindra Bank Tap Two Anups to Resolve Succession at the Top

HDFC Bank has appointed Anup Bagchi as its new managing director and chief executive officer, effective October 26, while Kotak Mahindra Bank has named Anup Saha to the same role from January 1. The twin appointments mark a significant leadership reset at two of India’s most closely watched private lenders, both of which are managing orderly transitions after incumbent chiefs opted not to seek reappointment.

6 min readRead →
Global Markets & EquitiesJust now (09:33 PM IST)

US 10-Year Yield Hits 24-Year High, Jarring Indian Markets as Rupee, Bonds and Nifty Come Under Pressure

The surge in the US 10-year Treasury yield to a 24-year high has intensified a global bond sell-off and sent fresh shockwaves through Indian markets. Higher American borrowing costs are raising the risk of foreign outflows, currency weakness and imported inflation, while rising crude prices are compounding the strain on equities and debt.

5 min readRead →
Banking, Fintech & InsuranceJust now (05:18 PM IST)

RBI Clears Anup Saha for Kotak Mahindra Bank CEO Role from 2027

The Reserve Bank of India has approved Anup Kumar Saha’s appointment as managing director and chief executive officer of Kotak Mahindra Bank for a three-year term beginning January 1, 2027. He will succeed Ashok Vaswani, with the Kotak board now set to formalise the appointment and seek shareholder approval.

5 min readRead →

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