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"kotak-mahindra-bank"

  • 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 strikeĀ 

    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.
  • Seven firms add Rs 75,845 cr in cumulative m-cap; HDFC twins top gainers

    Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank, and Bajaj Finance were other gainers
  • Six of top-10 valued firms add Rs 60,198 cr; Infosys, TCS biggest gainers

    Reliance Industries Ltd (RIL), TCS, Hindustan Unilever Ltd (HUL), Infosys, Kotak Mahindra Bank and Bharti Airtel were the six winners on the top-10 chart
  • Sensex rallies 377 points

    The 30-share BSE index ended 376.60 points or 0.94 per cent higher at 40,522.10
  • Festive bonanza: Banks offer home loans at attractive rates

    Consumers can avail Kotak's festive season bonanza, the 2020 edition of 'Khushi Ka Season' with home loans and balance transfer loans starting at 6.9 per cent per annum, the bank said in a statement

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