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Banks must simplify tech to protect customers, says Kotak Mahindra Bank’s data protection chief

by AIP Online Bureau | Nov 20, 2025 | Banking & Bancassurance, Data, Eco/Invest/Demography

With the rise of AI-enabled scams and digital impersonation, he warned that banks face an increasingly complex threat landscape. Criminals no longer rely solely on direct financial theft; instead, they exploit sensitive data to pose as legitimate institutions. New...

RBI approves Zurich Insurance deal to buy 70 per cent in Kotak General Insurance

by AIP Online Bureau | Jun 5, 2024 | Banking & Bancassurance, Non-Life, Regulation

In February, Zurich Insurance had said it would acquire a 70 percent stake in the insurance company for Rs 5,560 crore in a single tranche New Delhi: Kotak Mahindra Bank on Wednesday said it has received the Reserve Bank of India’s (RBI) approval to sell a 70...

Kotak Mahindra Bank plans minor stake sale in its general insurance arm

by AIP Online Bureau | Feb 14, 2023 | Indian News, Non-Life

The process could draw potential strategic partners as well as financial investors Deliberations are at an early stage, details of a deal such as size and structure could change and the lender could decide not to go ahead with the stake sale, the people said. A...

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