Kotak Mahindra Bank

Nothing should be done to hurt interest of depositors: Kotak

Nothing should be done to hurt interest of depositors: Kotak

Terming banks as converters, the seasoned banker said, depositors' money is lent to borrowers and money earned from borrowers are paid as...Read More

Why is FPI inflow positive for the month of June already?

Why is FPI inflow positive for the month of June already?

The Foreign Portfolio Investors (FPIs) inflow in the month of June was dominated mainly by two companies — Reliance Industries and Kotak ...Read More

Kotak Mahindra Bank launches video-based KYC for opening of accounts remotely

Kotak Mahindra Bank launches video-based KYC for opening of accounts remotely

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

Kotak Mahindra Bank Q4 profit falls 10% at Rs 1,267 crore

Kotak Mahindra Bank Q4 profit falls 10% at Rs 1,267 crore

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

Banking stocks in demand; jump up to 7 pc

Banking stocks in demand; jump up to 7 pc

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

Kotak Mahindra Bank staff with over Rs 25 lakh annual salary should brace for a 10% pay cut

Kotak Mahindra Bank staff with over Rs 25 lakh annual salary should brace for a 10% pay cut

The move comes weeks after the top management voluntarily surrendered 15% of their payments for 2020-21.

Kotak Bank slashes interest rates on savings deposits 2nd time in April`

Kotak Bank slashes interest rates on savings deposits 2nd time in April`

The fourth largest private sector lender Kotak Mahindra Bank has slashed the interest rates on savings deposits for the second time this ...Read More

Covid-19: Uday Kotak to takes Re 1 salary, Kotak leadership takes 15% cut

Covid-19: Uday Kotak to takes Re 1 salary, Kotak leadership takes 15% cut

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

RBI working to harmonise, simplify private bank norms: Banking sources

RBI working to harmonise, simplify private bank norms: Banking sources

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

Axis, ICICI, HDFC and Kotak Mahindra bank joins SBI in bid to revive Yes Bank; invest Rs 3,100 crore

Axis, ICICI, HDFC and Kotak Mahindra bank joins SBI in bid to revive Yes Bank; invest Rs 3,100 crore

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

How Kotak gained over Rs 23,000 cr

How Kotak gained over Rs 23,000 cr

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 Bank drops plea against RBI

Kotak Bank drops plea against RBI

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

Sensex tumbles by 416 points, Kotak Mahindra Bank, RIL fall post Q3 earnings

Sensex tumbles by 416 points, Kotak Mahindra Bank, RIL fall post Q3 earnings

Mumbai: Equity benchmark indices erased opening gains and continued to slide throughout the session on Monday due to profit booking as co...Read More

Kotak Mahindra Bank shares plunge nearly 5 pc after Q3 results

Kotak Mahindra Bank shares plunge nearly 5 pc after Q3 results

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

‘High time 60 per cent tax on risk capital be cut’ Uday Kotak

‘High time 60 per cent tax on risk capital be cut’ Uday Kotak

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 Q1 consol net up 23 percent

Kotak Mahindra Bank Q1 consol net up 23 percent

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

Dewan Housing Finance Limited lenders may take 40 percent haircut in resolution plan

Dewan Housing Finance Limited lenders may take 40 percent haircut in resolution plan

Dewan Housing Finance Limited's (DHFL) consortium of lenders has signed the Inter-Creditor Agreement (ICA) for resolution of company’s l...Read More

Nine companies add  Rs 82,379.79 crore in m-cap

Nine companies add Rs 82,379.79 crore in m-cap

Mumbai: Nine of the 10 most valued firms together added Rs 82,379.79 crore in market valuation last week, with banking counters like HDFC...Read More

CMOs from leading brands to converge for 9th edition of CMS Asia in Mumbai on May 8

CMOs from leading brands to converge for 9th edition of CMS Asia in Mumbai on May 8

Mumbai, May 2, 2019 : Content Marketing Summit Asia – The largest ‘not-for-profit’ summit across JAPAC driven by the marketing community ...Read More

Kotak Mahindra Bank Q4 profit rises 14 pc

Kotak Mahindra Bank Q4 profit rises 14 pc

New Delhi: Kotak Mahindra Bank Tuesday reported 14 pc rise in consolidated net profit at Rs 2,038.27 cr for March quarter, 2018-19. The p...Read More

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