June 28, 2022


the blog news

Kotak Financial institution: Kotak Mahindra Financial institution mortgage officer arrested

Mumbai: A mortgage officer working with Kotak Mahindra Financial institution was arrested Saturday after a Lonavala-based hotelier accused sure officers of the lender of dishonest and forgery.

The arrested particular person has been recognized as Alankar Khare, who was produced earlier than a neighborhood courtroom that remanded him to police custody for 2 days.

The Lonavala metropolis police registered a primary info report (FIR) in opposition to a number of Kotak Mahindra Financial institution officers that included Valy Fernandes, Samprat Kamat, Amber Darbari, Pramod Krupal, Alankar Khare and Abhijeet Magar.

Managing director Uday Kotak was additionally named within the hotelier’s FIR, however Pune (rural) superintendent of police Abhinav Deshmukh advised ET that Kotak had up to now not been requested to hitch the probe, and that the police did not really feel the necessity to attain out to him.

Kotak Mahindra Financial institution has denied all allegations.

“A borrower at our Lonavala Department has filed an FIR naming Kotak Mahindra Financial institution officers on the Lonavala Police Station whereby he has made false allegations within the context of his borrowing transactions. The financial institution acted in accordance with the prevailing legislation and processes always. We’re cooperating with native authorities,” a financial institution spokesman mentioned.

See also  Chip scarcity: JLR gross sales dip 36% in This autumn