Categories: Banking

Kotak Mahindra Bank takes corporate digital banking portal ‘Kotak fyn’ live

Private sector lender Kotak Mahindra Bank went live with ‘Kotak fyn’, an integrated portal developed to offer comprehensive digital banking and value-added services to its business banking and corporate clients.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Services offered by Kotak fyn:

The portal will offer services across all products, including trade & services, account services, payments, and collections and make banking seamless for the bank’s clients.

Significance of this development:

It is expected to reduce complexity and friction for customers. The portal will assure paperless transactions and will offer the facility to unify data across multiple product-specific portals and back-office systems to create a single view of transactions, positions and balances, enabling self-service and driving operational efficiency, the bank said in a statement.

Important takeaways for all competitive exams:

Kotak Mahindra Bank CEO: Uday Kotak;
Kotak Mahindra Bank Headquarters: Mumbai;
Kotak Mahindra Bank Founded: February 2003

Also Read: Karnataka Bank awarded ‘Prathista Puraskar for achieving the highest percentage in BHIM-UPI transactions

Piyush Shukla

Recent Posts

November 2025 Month Current Affairs PDF

Welcome to the November 2025 Edition of the Affairs PDF – your all-inclusive monthly guide to…

30 mins ago

RBI’s ₹1 Trillion OMO Purchase: What It Means and Why It Matters

The Reserve Bank of India (RBI) recently announced two major liquidity measures, a ₹1 trillion…

42 mins ago

Which Animal is Known as the Unicorn of the Sea? Know the Name

The ocean is full of amazing and mysterious creatures, many of which are rarely seen…

48 mins ago

Putin Receives Grand Ceremonial Welcome at Rashtrapati Bhavan During India Visit

Russian President Vladimir Putin’s 2025 state visit to India marked a major diplomatic milestone, reviving…

57 mins ago

MEITY & MEA Enable Paperless Passport Verification via DigiLocker

In a major boost to Digital India, the Ministry of Electronics and Information Technology (MEITY)…

2 hours ago

Meet the World’s Youngest Self-Made Woman Billionaire Luana Lopes Lara

In an age where technology and finance intersect at lightning speed, Luana Lopes Lara, a…

2 hours ago