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RBI reviews risks to Kotak Mahindra Bank’s stability from its 2 insurance subsidiaries: Report

RBI reviews risks to Kotak Mahindra Bank’s stability from its 2 insurance subsidiaries: Report

by AIP Online Bureau | Jul 31, 2023 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation

The bank however has termed claims made in this report “completely incorrect and baseless” Kotak Mahindra’s holdings in units – Kotak Mahindra Life Insurance Co. and Kotak Mahindra General Insurance Co. – are also under review as the...

HDFC Bank’s $40 billion deal may face regulatory hurdles over insurance, analysts say

by AIP Online Bureau | Apr 5, 2022 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation

HDFC Life and HDFC ERGO are among the leading life and general insurance companies in the private sector, and analysts say the RBI is unlikely to be comfortable with the size of the insurance operations the deal will give the bank Mumbai: HDFC Bank’s $40 billion...

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