Kotak Bank

How it offers a new model of bringing down promoter stake… Under the RBI regulations, the promoter groups of private banks are required to reduce their holdings in a phased way. This is to ensure much wider public participation in bank equity. Under the RBI guidelines, Mr. Uday Kotak was required to reduce his stake…

Repo Rate Hike

Have rate hikes been front-ended for 2018? The August monetary policy was not on the same plane as the June policy. Ahead of the June policy there was a virtual unanimity that the RBI would hike rate by 25 basis points. Inflation had gone up sharply and neither crude nor food inflation was giving any…