Photo for representational purpose only. - File photo
Mumbai, April 30
Kotak Mahindra Bank on Tuesday announced that its joint managing director KVS Manian, a veteran at the private sector lender, has stepped down with immediate effect.
Manian, who had been with the lender for nearly three decades, was elevated in a management rejig in January.
The surprising news of the departure comes days after the RBI put severe business restrictions on the lender, including stopping it from selling new credit cards for shortcomings in its tech architecture.
Join Whatsapp Channel of The Tribune for latest updates.
Most Read In 24 Hours
Don't Miss
View All
Top News
Punjab ex-DGP Bhawra claims pressure to engage in illegal acts, moves high court
Bhawra also moves High Court challenging CAT order dismissin...
NIA begins probe on alleged AAP foreign funding by pro-Khalistani groups: Sources
Delhi L-G had on May 5 written to MHA recommending NIA probe...
No traces of carcinogen found in tested MDH, Everest, other Indian spices: FSSAI
The regulator said no such traces were found in 300 samples ...
Pune Porsche crash: Who gave minor the car to drive, ‘it's murder, not accident’, family of techies killed demand strict action
‘Law should take action against the accused so that people l...
CCTV shows Pune teen speeding his Porsche moments before killing 2 IT professionals on bike
17-year-old gets quick bail with order to write an essay; co...
