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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
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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
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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.
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"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.
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The 30-share BSE Sensex declined 243.36 points to 66,039.38. The Nifty slipped 59.2 points to 19,691.85.
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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
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Kotak, whose holding in the bank stands at 26 per cent, has become a non-executive director of the bank
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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
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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 […]
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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, […]
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The bank wants to be challenger in home loan market
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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.
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Sitharaman said that she has provided long-term certainty with short-term stimulus in her budget.
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Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank, and Bajaj Finance were other gainers
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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
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The 30-share BSE index ended 376.60 points or 0.94 per cent higher at 40,522.10
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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