Private sector lender Kotak Mahindra Bank on Tuesday said it will be giving a 'fitness allowance' to its employees for their health and ...Read More
Without denying the speculation about a merger with smaller rival IndusInd Bank, the private sector lender said the objectives of a recen...Read More
Kotak -- Managing Director and CEO of Kotak Mahindra Bank, and President of industry grouping CII -- also urged the government to address...Read More
The Q1 FY21 net profit remained nearly flat when compared sequentially from Rs 1,266.60 crore in March quarter.
Terming banks as converters, the seasoned banker said, depositors' money is lent to borrowers and money earned from borrowers are paid as...Read More
By FPJ Web Desk
The Foreign Portfolio Investors (FPIs) inflow in the month of June was dominated mainly by two companies — Reliance Industries and Kotak ...Read More
Mumbai: In a first, private sector lender Kotak Mahindra Bank on Monday launched a video-based KYC that will make it easier to open an ac...Read More
Net interest income for FY20 increased to Rs 13,500 crore from Rs 11,206 crore in FY19, and for Q4 FY20 increased to Rs 3,560 crore from ...Read More
New Delhi: Banking stocks on Wednesday jumped up to 7 per cent after the government announced Rs 20 lakh crore stimulus package for the c...Read More
The move comes weeks after the top management voluntarily surrendered 15% of their payments for 2020-21.
The fourth largest private sector lender Kotak Mahindra Bank has slashed the interest rates on savings deposits for the second time this ...Read More
Billionaire banker Uday Kotak has decided to take a notional salary of only Re 1 for the financial year 2020-21, amid COVID-19 pandemic, ...Read More
The Reserve Bank of India is in the process of harmonising regulations on private sector banks issued over the years under various licens...Read More
According to an official statement, Axis Bank will be acquiring up to 60 crore equity shares of Rs 2 each of Yes Bank for a consideration...Read More
In a surprise capitulation, the RBI had relaxed the rules for the ceiling on percentage of shares held by the founders of private banks.
Kotak Mahindra Bank said the RBI has given its in-principle acceptance for reducing promoters' shareholding to 26% of the paid-up voting ...Read More
Mumbai: Equity benchmark indices erased opening gains and continued to slide throughout the session on Monday due to profit booking as co...Read More
New Delhi: Shares of Kotak Mahindra Bank on Monday tumbled nearly 5 per cent after the lender reported a rise in non-performing assets in...Read More
Amid the growing worries over higher taxes that have roiled the markets, banker Uday Kotak called for a relook at the levy on risk capita...Read More
Kotak Mahindra Bank Monday reported a jump of 23% in its consolidated net profit at Rs 1,932 crore in the first quarter ended June 30. Th...Read More