Kotak mahindra bank

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Mashreq NEO announced its collaboration with Kotak Mahindra Bank to enable seamless digital account opening for its Non-Resident Indian (NRI) customers in the UAE. This collaboration enables Mashreq NEO’s UAE-based NRI customers to digitally open an NRE account with Kotak Mahindra Bank in India, through a seamless process that can be completed within minutes. India, Reading, Kotak Mahindra Bank, Bank Of India, Press Release

Mashreq NEO announced its collaboration with Kotak Mahindra Bank to enable seamless digital account opening for its Non-Resident Indian (NRI) customers in the UAE. This collaboration enables Mashreq NEO’s UAE-based NRI customers to digitally open an NRE account with Kotak Mahindra Bank in India, through a seamless process that can be completed within minutes.

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Daily NewsPK
Private banks in India are facing a high rate of attrition, particularly amongst younger entry-level employees due to high demand for loans. Last year, HDFC Bank's turnover rate rose to 34%, Axis Bank was at 35% and Kotak Mahindra Bank recorded a surge in at approximately 50% whilst Yes Bank's attrition hit 43%. The attrition rate is caused by increasing pressure on frontline staff to fulfil the demand for loans. Reliance Retail, Indian Rupee, Kotak Mahindra Bank, Yes Bank, Axis Bank, Finance Bank, Bank Of India, Financial Institutions, Financial Services

Private banks in India are facing a high rate of attrition, particularly amongst younger entry-level employees due to high demand for loans. Last year, HDFC Bank's turnover rate rose to 34%, Axis Bank was at 35% and Kotak Mahindra Bank recorded a surge in at approximately 50% whilst Yes Bank's attrition hit 43%. The attrition rate is caused by increasing pressure on frontline staff to fulfil the demand for loans.

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The EconomicTimes

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