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Kotak Mahindra Bank

Indian banks' microfin loan stress to persist after new regulation: Bankers

Last month, in its latest move, the RBI asked lenders to stop issuing new microfinance loans to borrowers unless they have cleared previous loans, three of the bankers said

Indian banks' microfin loan stress to persist after new regulation: Bankers
Updated On : 08 Nov 2024 | 12:47 PM IST

Maroon 5's first India show: Pre-sale tickets for Kotak users starts 6 Nov

Kotak has rolled out a special offer of 15% discount up to Rs 4,000 for Kotak White and White Reserve Credit Card customers.

Maroon 5's first India show: Pre-sale tickets for Kotak users starts 6 Nov
Updated On : 05 Nov 2024 | 9:24 AM IST

Market Today: Q2 nos., China lowers lending rates, S&P 500 & Dow at record

China lowered its key benchmark lending rates by 25 basis points in the monthly fixing. The People's Bank of China (PBOC) reduced the 1-year loan prime rate (LPR) to 3.1% and the 5-year LPR to 3.6%

Market Today: Q2 nos., China lowers lending rates, S&P 500 & Dow at record
Updated On : 21 Oct 2024 | 8:19 AM IST

Kotak Mahindra Bank Q2 results: Consolidated PAT up 13% to Rs 5,044 crore

Other income or non-interest income went up to Rs 2,684.19 crore from Rs 2,314.53 crore. Fees and services for Q2FY25 increased to Rs 2,312 crore, up 14 per cent

Kotak Mahindra Bank Q2 results: Consolidated PAT up 13% to Rs 5,044 crore
Updated On : 19 Oct 2024 | 2:56 PM IST

Kotak Mahindra Bank to buy Rs 4.1K cr India personal loan book of StanC

This deal marks the second significant transaction between an Indian private sector bank and a foreign bank in recent years

Kotak Mahindra Bank to buy Rs 4.1K cr India personal loan book of StanC
Updated On : 18 Oct 2024 | 11:47 PM IST

Kotak Mahindra Bank to buy Standard Chartered's India personal loan book

Transaction is expected to be completed over next three months

Kotak Mahindra Bank to buy Standard Chartered's India personal loan book
Updated On : 18 Oct 2024 | 4:45 PM IST

Dozens of stocks added to FTSE indexes post-rebalancing exercise

Kotak Mahindra Bank, ICICI Bank, and Tata Technologies saw changes in their weightage in the FTSE All-World Index, which rose 1.8, 3.8, and 5.1 per cent, respectively

Dozens of stocks added to FTSE indexes post-rebalancing exercise
Updated On : 20 Sep 2024 | 8:45 PM IST

Nomura cuts target prices for Axis Bank, SBI and BoB ahead of Fed meeting

Analysts at Nomura suggested that larger private banks are likely to experience a greater negative impact on their NIMs from the potential US Fed rate cuts compared to mid-sized & smaller banks.

Nomura cuts target prices for Axis Bank, SBI and BoB ahead of Fed meeting
Updated On : 10 Sep 2024 | 10:36 AM IST

SBI Card loses credit card market share in July; InCred retains 'Reduce'

InCred's target price translates into 30.7 per cent downside in the share price from previous close of Rs 721.15 per share.

SBI Card loses credit card market share in July; InCred retains 'Reduce'
Updated On : 30 Aug 2024 | 12:57 PM IST

Sonata Finance to merge with BSS Microfinance: Kotak Mahindra Bank

As per the scheme of amalgamation approved on Monday, Sonata would merge with BSS Microfinance Ltd on a going concern basis, Kotak Mahindra Bank said in a regulatory filing

Sonata Finance to merge with BSS Microfinance: Kotak Mahindra Bank
Updated On : 12 Aug 2024 | 9:17 PM IST

Union Budget 2024: An embodiment of reform, perform, and transform

The key highlight of the budget is the government's steadfast dedication to fiscal prudence

Union Budget 2024: An embodiment of reform, perform, and transform
Updated On : 24 Jul 2024 | 1:40 AM IST

Kotak Mahindra Bank hires GT Bharat as external auditor to review IT system

The private sector lender has also beefed up internal teams to fix issues and tone up the working of the systems

Kotak Mahindra Bank hires GT Bharat as external auditor to review IT system
Updated On : 20 Jul 2024 | 9:05 PM IST

Kotak Mahindra Bank Q1 results: Net profit up 79% at Rs 7,448 crore

Kotak Mahindra Bank Q1 results: The bank's deposits grew by 21 per cent Y-o-Y to Rs 4.35 trillion at the end of June 2024

Kotak Mahindra Bank Q1 results: Net profit up 79% at Rs 7,448 crore
Updated On : 20 Jul 2024 | 3:11 PM IST

Tech centre of our efforts to transform, scale: Kotak Mahindra Bank MD, CEO

Vaswani highlighted that the most important stakeholder in the bank are customers

Tech centre of our efforts to transform, scale: Kotak Mahindra Bank MD, CEO
Updated On : 14 Jul 2024 | 10:47 PM IST

Kingdon never disclosed any relationship with Hindenburg: Kotak Mahindra Bank

Kingdon informed KMIL that the transactions were made on a principal basis, i.e. for themselves, said the bank in a stock exchange filing

Kingdon never disclosed any relationship with Hindenburg: Kotak Mahindra Bank
Updated On : 03 Jul 2024 | 11:15 AM IST

Banks under pressure; ICICI, IndusInd, BOB, IDFC First down up to 3%

ICICI Bank, IndusInd Bank, IDFC First Bank, Bandhan Bank and Federal Bank from the private sector and Bank of Baroda PNB and SBI from the public sector slipped in the range of 1 per cent to 3 per cent

Banks under pressure; ICICI, IndusInd, BOB, IDFC First down up to 3%
Updated On : 02 Jul 2024 | 3:08 PM IST

Kotak Mahindra Bank to add up to 200 branches in FY25, says report

India's fourth-largest private lender will target the pockets where there is easy availability of deposits, the official said, adding that customer acquisition through branches is seeing good traction

Kotak Mahindra Bank to add up to 200 branches in FY25, says report
Updated On : 24 Jun 2024 | 11:52 PM IST

Stocks to Watch, June 19: Bharat Forge, Mrs Bectors, Prestige Estates

As of 7:10 AM, most Asia-Pacific markets were active following Japan's better-than-expected trade data. Japan's Nikkei was up 0.55 per cent, with Korea's Kospi surging nearly 1 per cent

Stocks to Watch, June 19: Bharat Forge, Mrs Bectors, Prestige Estates
Updated On : 19 Jun 2024 | 7:40 AM IST

Kotak Alt invests Rs 1,445 cr to acquire Viatris API biz for Matrix Pharma

This acquisition will make Matrix the second-largest Indian active pharmaceutical ingredients (API) player with global leadership in antiretroviral (ARV) APIs

Kotak Alt invests Rs 1,445 cr to acquire Viatris API biz for Matrix Pharma
Updated On : 11 Jun 2024 | 11:55 PM IST