The court said it would hear the case next on January 17
RBI had turned down the bank's stake dilution plan through non-convertible preference shares
The share sale took place at a weighted average price of Rs 1,130. ING raised around Rs 14.4 bn
Gross NPAs, fell to 1.91 per cent for the September quarter, against 2.14 per cent in the year-ago quarter
Bank says it has met requirement and will engage with central bank
The bank issued one billion non-convertible perpetual non-cumulative preference shares of a face value of Rs 5 each to investors
Total income up 15% YoY to Rs 99 bn; Gross NPA at 1.93% for the quarter, against 2.24% a year ago and 1.95% in the immediately preceding quarter ended March 2018
Jubilant FoodWorks, Nestle India, Pidilite Industries and Exide Industries were among 23 stocks from the S&P BSE500 index hitting new highs on the BSE on Wednesday.
Consolidated capital adequacy ratio improved to 18.82% as on March 2018, up from 16.77% a year ago
Kotak Mahindra Bank also, for the first, time has become the second-most valued bank in the country after HDFC Bank, which commands a market capitalisation of Rs 5.03 trn
It had posted a consolidated net profit of Rs 1,202 crore in the July-September 2016 quarter.
Consolidated net interest margin flat at 4.4%; gross non-performing asset ratio up slightly at 2.58%
The reconstitution of BSE indices will be effective from June 19
RBI had asked Uday Kotak to reduce his stake in the bank to 30% by June 2017, 20% by Dec 2018
Capital adequacy ratio will rise to about 20% after the capital raising
Total income up at Rs 9,954 cr in Q4 from Rs 7,910 cr a year ago
Funds to be deployed for consolidation opportunities and resolution of stressed assets
Its aim is to double the customer base to 16 million over the next 18 months
Initiative allows one to open zero-balance, zero-charge a/c in 5 minutes using only Aadhar and PAN
Seeks to increase ceiling to up to 49% of paid up capital