Why RBI's Favourite Enemy Kotak Bank Is Barred from Digital Banking Business? A Comprehensive analysis on RBI's Action, Cause of Action and its impact on the bank's business, valuations and earnings
What is covered in the Full Insight:
RBI Action Details
Implications of RBI's action on Kotak Bank
Percentage of Business Done Digitally
Impact on Business and Valuations
Conclusion
Boomeranged on Tue, 7 May 2024 22:11
In the latest development at Ganesh Benzoplast Ltd, Raunak Pilani, son of Ramakant Pilani, has resigned from his position as director. Ramakant Pilani was previously involved in a fraud case. These recent resignations indicate a potential promoter feud brewing within the company. Hence resolution of promoter feuds, the impact of fraud and fund diversion remain key monitorable.
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