Reserve Bank of India has sought more time from Bombay high court to file its reply to the writ petition filed by the Uday Kotak-controlled Kotak Mahindra Bank.
1 min read18 Jan 2019Kotak Mahindra Bank shares declined as much as 3.2% to hit a low of 1,215.10 per share
1 min read17 Dec 2018Kotak Mahindra Bank's move to take RBI to court over the promoter shareholding issue is likely to buy the bank time, if it's successful in getting a stay
2 min read11 Dec 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared