Kotak Mahindra Bank is poised to take a major leap by acquiring Deutsche Bank’s retail operations in India for around Rs 4,500 crore. This deal promises to strengthen Kotak’s retail lending capabilities and broaden its base of deposits. Meanwhile, Deutsche Bank’s exit reflects a larger strategy to streamline its operations worldwide.
Sebi tightens conflict safeguards with recusal framework
In a significant move, SEBI has established a formal framework for recusal among its senior officials. This code mandates that officials withdraw from matters where