Page 8 - Kotak Mahindra Bank

Market wrap: Markets pause to breathe as investors await data on Omicron

RIL and Kotak Bank power 153-point Sensex rally; Nifty holds 17,050; Brokerages bullish on RIL stock after Jio hikes tariff by 21%

Kotak Mahindra Bank's consolidated net profit up 1.4% YoY in Q2

Asset quality has improved sequentially, with the bank reporting GNPAs of 3.19% in Q2FY22 against 3.56% in Q1FY22

Four Indian entities among 20 largest Asia Pacific banks in Q3:S&P analysis

HDFC Bank was ranked seventh with a market cap of $119 billion

Govt extends Uday Kotak's term as IL&FS non-exec chairman by 6 months

Kotak, who is also the managing director and chief executive officer of Kotak Mahindra Bank would continue being the non-executive director on the board of IL&FS until April 2, 2022

Kotak Mahindra Bank to acquire 9.98% stake in KFin Tech for Rs 310 cr

KFin Technologies provides technology solutions across a broad spectrum of asset classes spanning mutual funds, alternative investment funds and pension funds

State Bank of India, Bank of Baroda reduce home loan rates by 25-45 bps

For new home loans of Rs 75 lakh and above, SBI will charge 6.7 per cent as against the previous 7.15 per cent

Kotak Mahindra Bank cuts home loan interest rate by 15 bps to 6.5%

This is a limited period offer, valid for 60 days, beginning September 10

LIC IPO bankers quote base fee of Rs 1 crore: Check details here

10 investment banks to divide fee pool; opt to go out-of-pocket

Ola picks banks for $1 billion IPO, may file papers in Oct: Report

The Bangalore-based startup could seek a valuation of more than $8 billion in the IPO and could lodge a filing as soon as October, people familiar with the matter said

Indian investment bankers tighten grip over the league table

ICICI Securities, Axis, Kotak among top 5 managers of equity issuances

Kotak Mahindra Bank Q1 consolidated net profit falls 2.5% to Rs 1,806 cr

The drop is largely on account of Kotak Mahindra Life Insurance posting a net loss of Rs 243 cr on shareholders' account due to higher death claims following the second Covid wave

Kotak Mahindra Bank issues India's first FPI licence to GIFT AIF

This is the first FPI licence issued to an AIF incorporated in GIFT IFSC by any custodian bank or designated depository participant (DDP) in the country

Sensex, Nifty snap 4-session rally amid global selloff; HDFC twins weigh

Profit-booking in banking, finance and metal counters further weighed on bourses, traders said

Kotak Mahindra Bank's consolidated net profit rises 36% in Q4FY21

The lender's NII grew by 8% in Q4FY21 to Rs 3,843 crore, from Rs 3,560 crore in Q4FY20

Eight of top-10 most valued firms add cumulatively over Rs 1.2 trn in m-cap

The valuation of TCS jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore

Stock markets start new fiscal on a high, Sensex reclaims 50,000-level

IndusInd Bank, Kotak Mahindra Bank, ICICI Bank, Sun Pharma, Bajaj Finance, and UltraTech Cement were prominent gainers

Kotak Investment, Allianz Group tie-up for India's private credit market

Allianz's total private credit investments in the country is worth about $650 million and it is looking to increase it to $1 billion in 2021

Kotak Investment, Allianz tie up for investing in Indian pvt credit market

In February 2021, Allianz made its maiden credit investment of $150 mn in KIAL's eleventh Real Estate Debt Fund that achieved a closure of $380 mn

HDFC Bank, Kotak Mahindra Bank to pick up 9.99% stake each in Ferbine

Tata group floats a company for retail payment systems biz

Kotak Mahindra Bank Q3 consolidated net up 11% at Rs 2,602 cr on robust NII

Asset quality improves both YoY and sequentially; bank has also granted one-time recast of borrowers under RBI resolution framework, amounting to 0.28 per cent of its net advances