Kotak 811 will close

Guys a friend working there told me Kotak Bank is going to cut approx 20 percent of the workforce across all departments. They have already started revoking offer letters. Also they will not be giving increments and bonuses. Tough times ahead. Anyone bearing things from established companies.

Hi guys, I joined Epam 8 months back as Senior Software Engineer and working for amazon client. But now got offer from Kotak mahindra bank as SDE 2 but hike is only 10%. So should I join kotak or not and what about culture and work in kotak. #engineering #software #swe #epam #amazon #sde #sde2 #kotak #kotakmahindrabank

What is happening these days ? Why amazon people are joining kotakbank. What is happening there ?

Kunal Shah’s first startup Freecharge was a disaster for everyone except early investors and himself. Freecharge failed the test of time and miserably folded while Kunal Shah became the gyaan king of Indian startup ecosystem. What would happen if Cred also folds which is quite a possibility? I guess that will be the irreversible bubble burst for Indian startup ecosystem. Thoughts?

Hi, I’m looking for an saving bank account to open online without need to go bank offline. This is just to park some money for sometime, as if it’s main account I just keep spending it. Main purpose is only to park some time and then once I get some lumpsum saved, around ~4/5L, will use it for any investment or need spend at that time. My main account currently which I use is Kotak and ICICI and I had used HDFC some years before but not using now. So I’m looking for some other bank account or the new age neo banks etc kind off with better return / rewards or offers but the core not to visit any bank offline for any purpose. Thanks