Top Indian Banking Industry News & Updates - 04 Sep 2023,Monday

🗎 RBI / MoF / Govt. Policies

📝  As Uday Kotak vacates the corner office at Kotak Mahindra Bank, RBI plays hardball on successor nod
📝  Bank credit outstanding to real estate rises to record Rs 28 lakh crore in July: RBI
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🏦 PSB / Pvt Banks

📝  Uday Kotak resigns as MD, CEO of Kotak Mahindra Bank, says ‘keen to ensure smooth transition’
📝  Uday Kotak: How an outsider built a bank from scratch and made it one of the best
📝  Uday Kotak resigns as MD & CEO of Kotak Mahindra Bank, four months ahead of retirement
📝  ‘No finish line to His-story’: Anand Mahindra on Uday Kotak's resignation
📝  ‘A remarkable journey... I don’t wish to keep hankering for seat’: Uday Kotak
📝  Punjab & Sind Bank looks to raise Rs 250 crore via QIP in Q3
📝  Government invites request to engage an asset valuer for strategic disinvestment of IDBI Bank
📝  Home loan push: SBI betting big on customers with lower credit score and new to credit
📝  My fiduciary role in the transition is over: Uday Kotak
📝   Kotak Mahindra Bank sent two names for MD and CEO role after Uday Kotak stepped down: Report
📝  Full text of Uday Kotak's resignation letter as he steps down as MD & CEO
📝   'Investment of ₹10,000 in 1985 would be now ₹300 crore,' says Uday Kotak
📝  How Bank of Baroda customers can scan UPI QR code and pay via digital rupee
📝  KVS Manian: ‘Don’t see the RBI raising rates at this point in time… deposit rates may go up’
📝   Can SBI deduct payment for insurance? Check what State Bank of India says
📝  ICICI Bank and Punjab National Bank (PNB) increase marginal cost-based lending rates (MCLR), EMIs to rise
📝  The M&M-RBL Bank saga
📝  Uday Kotak: A journey to meteoric heights cut short by regulator
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🏠 Housing Finance

📝   Indiabulls Housing Finance placed under F&O ban on NSE for September 4
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🗎 NBFCs / FIs / MFI

📝  Andrew Holland expects a lot of volatility in market; not surpised HDFC Bank is cheap
📝  BSE revises Jio Fin price band to 20% from today
📝  Bajaj Finance's B2B segment to add 1,000 cities in the next three years
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UPIs / Wallet / FinTech

📝  Vijay Shekhar Sharma becomes the sole Significant Beneficial Owner of Paytm
📝  This fintech company helps you pay your children’s school fees
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🗠 Mutual Funds / AMCs

📝  Sebi asks AIFs to frame governance code
📝  Will the entry of Jio Financial impact bottomline of listed mutual fund players or will it be business as usual?
📝  Mutual funds: Invest in small-cap funds via STP, SIP
📝  Nippon India Multi Cap Fund is outshining peers and benchmarks by a margin
📝  Can a multi-asset fund be a substitute for portfolio rebalancing?
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  4 real estate stocks Rahul Shah is betting on
📝  Indian equities stay a bright spot for FPIs among EM peers
📝  360 One pays ₹6k cr from pre-IPO fund
📝  FPIs slow down pace of inflow to Rs. 12,262 cr in August, lowest investment in last 4 months
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✈ International

📝  Bond investors bet Federal Reserve hiking is over
📝  From BlackRock to Pimco, bond investors bet Fed hiking is over
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