Kotak Mahindra Bank has alleged in legal documents that Grover used "foul" and threatening language towards its employees and reserved the right to take legal action against him.
BharatPe co–founder Ashneer Grover has resigned as managing director and board director, the Indian payment startup said on Tuesday, in the wake of a public row with Kotak Mahindra Bank over his personal investments.
BharatPe has come under intense investor and media scrutiny since Grover sought damages from bank boss Uday Kotak, alleging Kotak Mahindra Bank declined financing for a personal investment. The bank has in turn alleged in legal documents that Grover used “foul” and threatening language towards its employees and reserved the right to take appropriate legal action against him.
