BW Communities

Articles for Banking & Finance

Kotak Mahindra Seeks Major Fundraising Amid Deal Speculation

Kotak Mahindra Bank Ltd said on Thursday it planned to sell up to 62 million shares worth as much as Rs 5,320 crore at current market valuations, to fund potential acquisitions in the sector among other things

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Kotak Bank Launches Scheme To Double Customers To 16 Million

Private sector lender Kotak Mahindra Bank on Wednesday said it is aiming to double its customer base over the next 18 months, primarily through digital account opening from the present 8 million

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The Persistency Problem

The Persistency of an Insurer's book is quite likely it's most critical industry business parameter. Every stakeholder in the Life Insurance ecosystem is affected by it. Clients who do not renew their policies will end up forfeiting all, or most, of the premiums already paid, resulting in a direct and tangible financial loss for them

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What Is Up Uday Kotak’s Sleeve?

The banker has called for a press conference on Wednesday at 3 pm fueling speculation that Kotak Mahindra Bank is likely to make an acquisition announcement

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Govt To Use Regional-based Model To Consolidate Public-sector Banks: Banks Board Bureau Chief Vinod Rai

India plans to adopt a regional-based model for consolidating its bloated public-sector banks, the chairman of its Banks Board Bureau said on Tuesday

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Mutual Funds Give Consistent Return, A Hassle Free Investment

Mutual funds offer you a one-time investment plan or a Systematic Investment Plan (SIP) where a fixed amount can be invested monthly, quarterly or half yearly. Investments can be done at as low as 500rs and can be redeemed whenever required

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Have You Opened Your E-Insurance Account Yet?

You will have the convenience of being able to access all your life, health, and general insurance policies in a single window view by logging into your account.

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Mr K’s Cognitive Dissonance

He firmly believed that most young entrants into the broking space were commission focused and their 'recommendations' arising from their own need to make you trade to maximize their turnovers

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