RBI to launch 1st pilot of digital rupee: 10 things to know

India's first digital rupee pilot project will commence on Tuesday with nine banks, including SBI, HDFC Bank and ICICI Bank, issuing the virtual currency for transactions in government securities. "...the first pilot in the digital rupee -- wholesale segment shall...
Conman robs man of Rs 1.60 lakh at Kotak Mahindra Bank on CA Road
Representational Pic Nagpur: An unidentified conman systematically fooled a middle-aged man who had gone to a bank for depositing cash and robbed him of Rs 1.60 lakh on Tuesday. The complainant, Rajesh Bapurao Manekar (39), resident of Lakdipul, behind Gajanan Mandir,...
ED arrests Kotak Bank manager in Delhi
New Delhi: The ED has arrested the manager of a Kotak Bank branch here in connection with its money laundering probe in a case of detection of nine alleged fake accounts with deposits worth Rs 34 crore post demonetisation. Officials...
After Axis Bank, Kotak Mahindra Under I-T Lens For Fake Accounts
After Axis Bank, Kotak Mahindra bank came under the Income Tax (I-T) scanner on Friday with several fake accounts emerging, CNN News18 reported. Fake accounts worth Rs 70 crore were found in their Kasturba Gandhi Marg branch in New Delhi. The...
Kotak Mahindra Bank launches Kotak ‘Bharat App’ in Marathi
- First Bank in India to offer funds transfer without internet connectivity
- Apply for Pradhan Mantri Suraksha Bima Yojana / Pradhan Mantri Jeevan Jyoti Bima Yojana
- App does not need internet connection
- Available on Android phones withVersion 2.2.3 onwards
- Currently available in Marathi, Tamil, English,...