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"kotak-mahindra-bank"

  • Banking leadership shake-up: HDFC Bank, Ujjivan SFB begin CEO search

    At HDFC Bank, the succession process assumes greater significance after managing director and chief executive Sashidhar Jagdishan opted out of the reappointment process last month
  • India Junior International Series 2026 underway in Hyderabad

    Kotak Mahindra Bank has launched the India Junior International Series 2026, a BWF-sanctioned tournament being held at the Kotak Pullela Gopichand Badminton Academy in Hyderabad. More than 225 junior players from India and seven other countries are participating.
  • ED alleges ex-Kotak VP bought luxury cars With Rs 107-Crore Panchkula fraud proceeds

    The Enforcement Directorate alleged a former Kotak Mahindra Bank executive used funds siphoned from Panchkula Municipal Corporation accounts to buy luxury vehicles and other assets. The agency said the ₹107.24-crore fraud involved fake accounts and forged authorisations
  • Kotak Mahindra Bank Q1 net profit rises 22.55 per cent to Rs 5,480 crore

    Kotak Mahindra Bank reported a 22.55 per cent rise in consolidated net profit to Rs 5,480.46 crore in the June quarter, driven by higher net interest income, fee income and business growth, while asset quality improved despite a decline in net interest margin
  • Stock markets climb in early trade on buying in blue-chips

    Indian equity markets opened higher with the BSE Sensex and Nifty 50 gaining on buying in blue-chip stocks like Reliance Industries and ICICI Bank, supported by easing crude oil prices and mixed global market cues
  • Stock markets rebound in early trade after two days of slump

    Sensex and Nifty rebounded after two days of declines, rising on value-buying. Several major stocks gained while some lagged. Asian markets were mostly negative, FIIs continued selling, DIIs bought heavily, and Brent crude inched up as previous sessions saw sharp index drops
  • Stock markets decline in early trade amid profit-taking, fresh foreign fund outflows

    Mumbai markets opened lower on Friday as Sensex fell 153 points and Nifty dropped 51 amid profit booking and FII outflows. Despite recent highs, Hindustan Unilever and Kotak Bank declined, while ICICI Bank and Tata Steel gained; Asian markets traded higher
  • Kotak Mahindra Bank shares surge 10 per cent on Q3 results

    Kotak Mahindra Bank posted 10 per cent growth in consolidated net profit at Rs 4,701 crore, helped by the performance of its capital markets-linked arms Kotak Securities and Kotak Mahindra Capital
  • After three days of record rally, markets decline in early trade

    While 30-share BSE Sensex declines 212.54 points to 84,716.07 in early trade, NSE Nifty drops 52.2 points to 25,886.85
  • RBI crackdown causes Kotak Bank shares to crash

    On Wednesday evening, the Reserve Bank of India (RBI) issued a directive immediately prohibiting Kotak Mahindra Bank from acquiring new customers and issuing new credit cards.
  • RBI imposes monetary penalty on Kotak Mahindra Bank over non-compliance

    "This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," RBI in a press release said Tuesday.
  • Markets fall on weak Asian equities, spike in Brent crude oil prices

    The 30-share BSE Sensex declined 243.36 points to 66,039.38. The Nifty slipped 59.2 points to 19,691.85.
  • RBI approves appointment of Dipak Gupta as interim MD of Kotak Mahindra Bank

    Reserve Bank has given its nod for appointment of Dipak Gupta as interim Managing Director and CEO of Kotak Mahindra Bank following the resignation of Uday Kotak
  • Uday Kotak steps down as MD and CEO of Kotak Mahindra Bank

    Kotak, whose holding in the bank stands at 26 per cent, has become a non-executive director of the bank
  • Simhachalam: AP devotee drops Rs 100 crore cheque, had only Rs 17 in account

    When the temple authorities sent the cheque to the bank concerned, they were shocked to learn that the devotee had only Rs 17 in his account
  • IIT-Hyderabad develops AI job platform for disabled

    Sangareddy: Indian Institute of Technology-Hyderabad (IIT-H) in collaboration with Youth4jobs and Kotak Mahindra Bank developed Swarajability, a unique platform created for the benefit of persons with disabilities like hearing impairment, visual impairment, and locomotive disorders. Principal Scientific Advisor Prof Vijaya Raghavan has inaugurated Swarajability, which is India’s first Artificial Intelligence triggered job platform for the […]
  • BharatPe Co-founder Ashneer Grover takes voluntary leave amid controversy

    New Delhi: BharatPe Co-founder and Managing Director Ashneer Grover, facing a controversy over alleged using inappropriate language against Kotak Mahindra Bank’s staff, has taken voluntary leave till March-end, the fintech company announced on Wednesday. Grover informed the Board of the fintech platform about his decision to proceed on leave earlier in the day. “For now, […]
  • Kotak Mahindra Bank maintains low interest rate

    The bank wants to be challenger in home loan market
  • Banking services to hit as employees go on 2-day strike 

    About 10 lakh bank employees and officers are to participate in the strike called by the United Forum of Bank Unions, an umbrella body of nine associations and groups.
  • Want to see private sector unleash its animal spirits: Sitharaman

    Sitharaman said that she has provided long-term certainty with short-term stimulus in her budget.
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