Kotak Mahindra Bank Articles

Debt fund strategy
May 20, 2020
Franklin appoints Kotak Mahindra Bank as advisor to assist monetising portfolios of 6 shuttered debt schemes

Kotak Mahindra Bank, through its Debt Capital Markets team, will work closely with the Franklin Templeton Trustees, to assist with all portfolio actions in the six schemes

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Transfer of money between mobile wallets
March 18, 2020
Axis Bank, Kotak Bank cap free peer-to-peer UPI fund transfers to 20 a month

UPI is the most preferred payment mode for a greater extent of P2P (Person to Person) transactions, and remained free for a long time

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Savings account rate
October 20, 2019
After SBI, Kotak Mahindra Bank cuts interest on daily balances in savings account

From October 18, interest on balance over Rs 10 lakh and up to Rs 50 lakh stands revised at 5.5% per annum from 6% previously

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