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News
Kotak Mahindra Bank
Kotak Mahindra Bank News
Kotak Mahindra Bank
19 Oct 2024
Kotak Mahindra Bank's Net Profit Up 4.8% To Rs 3,344 Crore In Q2
The bank reported net interest income for the quarter to Rs 7,020 crore, from Rs 6,297 crore in Q2 FY24, up 11 per cent YoY.
Kotak Mahindra Bank
02 Jul 2024
Kotak Mahindra Bank Shares Decline Over 2 Per Cent; Mcap Erodes By Rs 7,777 Cr
Other bank stocks also declined on Tuesday, with Bank of Baroda slumping 2.65 per cent, IndusInd Bank (1.89 per cent), State Bank of India (1.87 per cent), ICICI Bank (1.79 per cent), Canara Bank (1.69 per cent) and more.
DNA Video
25 Apr 2024
DNA: Why Did RBI Ban Kotak Mahindra Bank?
Kotak Mahindra Bank
25 Apr 2024
'Banks Se Tech Nahi Ho Rahi, Fintech Se Banking Nahi Ho Rahi': Ashneer Grover
BharatPe co-founder Ashneer Grover has taken dig at RBI's recent clamp down on Banks and Fintech companies.
Kotak Mahindra Bank news
25 Apr 2024
RBI takes big action on Kotak Mahindra Bank
Reserve Bank of India
24 Apr 2024
Setback For Kotak Mahindra Bank, RBI Bars It From Onboarding Customers Online
The RBI said it took the action under Section 35A of the Banking Regulation Act, 1949.
HDFC Bank
17 Jan 2024
HDFC Bank Shares Plunge Over 8 Pc Post Q3 Earnings
HDFC Bank on Tuesday reported a 2.65 per cent rise in consolidated net profit of Rs 17,258 crore for the October-December period against Rs 16,811 crore in the preceding September quarter.
cello world ipo
23 Oct 2023
Cello World's Rs 1,750 Crore IPO Set For October 30 Debut
Cello World makes things for your home and office. They have stuff like pens, stationery, furniture, and glassware. They make a lot of different products.
Kotak Mahindra Bank
21 Oct 2023
Ashok Vaswani To Replace Uday Kotak As Next CEO Of Kotak Mahindra Bank
Ashoka Vaswani will replace Uday Kotak as the next CEO of Kotak Mahindra Bank after RBI had approved the recommendation.
Uday Kotak
02 Sep 2023
Started 38 Years Ago With 3 Workers, Uday Kotak's Remarkable Legacy In Finance
Let’s delve deeper to read more about Uday Kotak’s journey to build a big financial institute in India, providing 1 lakh direct jobs and competing against giants Goldman Sachs and JP Morgan.
Uday Kotak
02 Sep 2023
Uday Kotak Steps Down As Chairman and MD Of Kotak Mahindra Bank
Uday Kotak founded Kotak Mahindra bank 38 years ago with 3 employees in a 300 sqft office in Fort, Mumbai. It is now become a big financial institution, competing against JP Morgan and Goldman Sachs.
Business
24 Jan 2023
Savings Account Interest 2023: From Axis Bank to SBI - Check Latest Rate
Kotak Mahindra Bank
21 Jan 2023
Kotak Mahindra Bank posts 17 pc growth in profit after tax to Rs 3,995 crore i
The Bank`s operating expenses rose 25.33 per cent to Rs 5,371.32 crore in the reviewed quarter (October-December) from Rs 4,285.57 crore in the corresponding period during the previous year.
Business
12 Jan 2023
FD interest rates 2023: THESE banks hikes fixed deposit rates in new year
Kotak Mahindra Bank
17 Dec 2022
Kotak Mahindra Bank servers down today: Customers facing problems; Deets here
The Kotak Mahindra Bank server is down today. Customers are not able to do any type of transaction. Kotak Mahindra Bank responds that they are working to resolve the issue.
SBI
17 Oct 2022
Banks hike MCLRs, repo-linked lending rates post RBI rate action
SBI has revised the MCLR for the benchmark one-year tenor to 7.95 per cent, up by 25 basis points from previous rate. The one-year tenor MCLR is the rate against which most of the consumer loans are tied to. Kotak Mahindra Bank said the MCLR for various tenors has been set in the range of 7.70-8.95 per cent with effect from October 16, 2022.
SBI
17 Oct 2022
Bad news for customers ahead of Diwali, loan EMIs to get more expensive
Country's largest lender State Bank of India (SBI) has revised the MCLR for the benchmark one-year tenor to 7.95 per cent, up by 25 basis points from previous rate. SBI said the new MCLR is effective from October 15, 2022.
Federal Bank
06 Sep 2022
Federal-Kotak Mahindra merger is only 'Speculation', clarifies Federal Bank
Federal Bank clarified Federal-Kotak merger is 'speculative' in SEBI filing. Federal bank stock hit high on Monday to reach at Rs 129.75. Federal Bank was founded in 1931 and now has more than 1,250 locations around the nation.
Kotak Mahindra Bank
04 Jul 2022
RBI imposes penalty on Kotak Mahindra Bank, IndusInd Bank
RBI has also imposed penalties on four co-operative banks. A penalty of Rs 1.05 crore has been imposed on Kotak Mahindra Bank. RBI said a penalty of Rs 1 crore has been imposed on IndusInd Bank for non-compliance with KYC.
Bank FD rates
06 May 2022
Five major banks increase FD rates after RBI rate hike
Bandhan Bank, Kotak Mahindra Bank, Jana Small Finance Bank, Bank of Baroda, and ICICI Bank are among the lenders. Kotak Mahindra Bank said it has boosted fixed deposit interest rates by 30 basis points for 390 days and 35 basis points for 23 months, respectively. This comes after banks raised loan rates.
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