Diabytes
Private lenders News
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Let’s delve deeper to read more about Uday Kotak’s journey to build a big financial institute in India, providing 1 lakh direct jobs and competing against giants Goldman Sachs and JP Morgan.
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There have been instances of representatives of banks even indulging in physical violence while trying to recover loan instalments.
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The bank, which had a low share of the cheaper current and savings account deposits at 16.7 percent as of March, will offer 5 percent interest on saving bank deposits of up to Rs 5 lakh, it said in a statement.
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