Shares of Kotak Mahindra Bank (KMBL) are under scrutiny following the Reserve Bank of India’s (RBI) decision to impose certain business restrictions on the private lender. This article explores the details of the RBI’s action and Kotak Mahindra Bank’s response. RBI’s Restrictions on Kotak Mahindra Bank On April 24, 2024, …
Read More »Borrowing Smart: Your Guide to RBI Approved Loan Apps in India
In today’s fast-paced world, access to quick and convenient financial solutions is more important than ever. For Indians, online loan apps have emerged as a popular choice for fulfilling urgent monetary needs. However, with the growing number of platforms, navigating the landscape can be confusing. Safety First: Why Choose RBI-Approved …
Read More »Understanding the BSR Code of HDFC Bank : Your Guide to Easy Transactions
The Basic Statistical Return (BSR) code, also known as the branch code, is a unique 7-digit identifier assigned to each branch of HDFC Bank by the Reserve Bank of India (RBI). This code plays a crucial role in various banking transactions, ensuring accuracy and efficiency. What is the BSR code …
Read More »