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Infina Finance's electoral bond donations to BJP prompt RBI action on Kotak Mahindra Bank

Infina Finance's electoral bond donations to BJP prompt RBI action on Kotak Mahindra Bank

April 25, 2024, 12:39 PM - 2 min read

Following Infina Finance's Rs 60 crore donation to the BJP, the RBI barred both Infina Finance and Kotak Mahindra Bank from onboarding new customers due to IT risk management concerns.

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Renowned banker and Kotak Mahindra Bank founder, Uday Kotak, has issued a stark warning about the potential for turbulence in the global economy.

Uday Kotak warns of global economic uncertainty amidst higher US inflation

April 11, 2024, 01:24 PM - 2 min read

The latest policy review by the US Federal Reserve indicated a belief among officials that the key interest rate had likely peaked. However, they suggested a gradual easing of the monetary policy stance later in the year if economic conditions align with their projections.

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