Kotak Mahindra Bank

Kotak Mahindra Bank may be a key contender to take over Citibank’s India operations: What happens to Citibank's customers

Kotak Mahindra Bank may be a key contender to take over Citibank’s India operations: What happens to Citibank's customers

Now that American financial services Citigroup has decided to exit India along with other 12 countries, it raises the next question and t...Read More

Sensex tanks in early trade: State Bank of India, M&M, Dr Reddy's Lab, Bajaj Auto, Axis Bank, Bajaj Finance, Kotak Bank among others trade in red

Sensex tanks in early trade: State Bank of India, M&M, Dr Reddy's Lab, Bajaj Auto, Axis Bank, Bajaj Finance, Kotak Bank among others trade in red

Equity benchmark Sensex tumbled over 600 points in opening trade on Monday, tracking losses in financial stocks amid foreign fund outflow...Read More

SBI, Kotak Mahindra Bank, HDFC, ICICI Bank reduce interest on home loans: Find out which lenders are offering slashed interest rates only till March 31

SBI, Kotak Mahindra Bank, HDFC, ICICI Bank reduce interest on home loans: Find out which lenders are offering slashed interest rates only till March 31

Lenders have decided to offer a treat to home buyers by slashing interest rates and trying to offer lower interest rates. But these banks...Read More

After SBI's announcement, Kotak Mahindra Bank cuts home loan rates

After SBI's announcement, Kotak Mahindra Bank cuts home loan rates

Kotak Mahindra Bank on Monday announced a 0.10 percentage point cut in its home loan rates for a limited period, claiming its offering to...Read More

Markets volatile: ITC, Maruti Suzuki, Asian Paints, Kotak Mahindra Bank, Sun Pharma among other drag the market

Markets volatile: ITC, Maruti Suzuki, Asian Paints, Kotak Mahindra Bank, Sun Pharma among other drag the market

Equity benchmark indices are trading in red after making gains earlier in the day. Sensex dropped by 79.50 points or 0.15 per cent to 51,...Read More

Kotak Mahindra Bank's consolidated net profit up 11 pc to Rs 2,602 crore

Kotak Mahindra Bank's consolidated net profit up 11 pc to Rs 2,602 crore

On a standalone basis, the bank reported a 16 per cent rise in its net profit to Rs 1,854 crore in the quarter ended December, against Rs...Read More

Kotak Mahindra Bank asks employees to share health goals to earn monthly 'fitness allowance'

Kotak Mahindra Bank asks employees to share health goals to earn monthly 'fitness allowance'

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

Credit substitutes, cost savings propel Kotak Mahindra Bank Q2 profit 22%

Credit substitutes, cost savings propel Kotak Mahindra Bank Q2 profit 22%

Without denying the speculation about a merger with smaller rival IndusInd Bank, the private sector lender said the objectives of a recen...Read More

Banks ready to lend for purchasing vehicles; no issue in terms of fund availability: Uday Kotak

Banks ready to lend for purchasing vehicles; no issue in terms of fund availability: Uday Kotak

Kotak -- Managing Director and CEO of Kotak Mahindra Bank, and President of industry grouping CII -- also urged the government to address...Read More

Kotak Bank net falls 8.5% on provisioning

Kotak Bank net falls 8.5% on provisioning

The Q1 FY21 net profit remained nearly flat when compared sequentially from Rs 1,266.60 crore in March quarter.

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

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