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Mumbai: The current account deficit (CAD) is likely to improve in the short-term owing to the falling crude prices coupled with a dip in gold imports, Kotak Mahindra Bank Executive Chairman and Managing Director Uday Kotak said. “The CAD is ...
May 28, 2012 at 09:26 | Source: firstpost.com
Like this story, share it with millions of investors on M3 C Jayaram, joint managing director of Kotak Mahindra Bank is positive on private sector banks. “Between the PSU banks and the private sector banks, there is a question of valuation ...
May 28, 2012 at 14:27 | Source: MoneyControl.com
SmartStream, the financial Transaction Lifecycle Management specialist, today announced that Kotak Mahindra Bank has gone live with TLM Corona Cash & Investigations to automate its nostro reconciliations and investigation processes in its ...
May 17, 2012 at 07:59 | Source: Boston Globe
IndusInd Bank and Kotak Mahindra Bank expand their market share at the cost of the old public sector banks. The data suggest that small new-generation banks have seen their incremental savings account deposit market share grow four-fold from 1% in the ...
May 27, 2012 at 08:23 | Source: Business Standard
Kotak Life Insurance also covered 1,78,470 lives in the social sector as against the mandated 55,000 lives, it added. Kotak Mahindra Old Mutual Life Insurance is a 74:26 joint venture between Kotak Mahindra Bank, its affiliates and Old Mutual
May 22, 2012 at 20:18 | Source: moneyguruindia.com
Kotak Life Insurance also covered 1,78,470 lives in the social sector as against the mandated 55,000 lives, it added. Kotak Mahindra Old Mutual Life Insurance is a 74:26 joint venture between Kotak Mahindra Bank, its affiliates and Old Mutual plc.
May 22, 2012 at 21:01 | Source: zeenews.india.com
Kotak Securities, a subsidiary of Kotak Mahindra Bank, said in a report 0n Monday that their base model for India IT is based on growth of 10-12% higher than growth in global IT spending, providing for an increase in customers’ IT budgets that ...
May 29, 2012 at 01:40 | Source: Forbes
- NII came at Rs.5.16 bn (24.1% YoY), ahead of our expectations, on back of strong loan growth (26.3% YoY) and improvement in NIM (14bps YoY). Net income growth was even stronger (50.2% YoY) due to decline in opex (7.6% YoY) along with only ...
May 16, 2012 at 04:40 | Source: equitybulls.com
Virat Diwanji, executive vice-president and head of branch banking at Kotak Mahindra Bank, says interest rates on NRE accounts rose 350 to 400 basis points after the deregulation. "The interest rate on FCNR accounts may see a similar spike."
May 25, 2012 at 06:52 | Source: rediff.com
As per the data compiled by investment banking and equity research firm Kotak Institutional Equities, LIC's major investments during the quarter included ONGC (Rs 10,800 crore), PNB (Rs 1,900 crore), Bank of Baroda (Rs 1,400 crore) and Bank of ...
May 27, 2012 at 04:41 | Source: zeenews.india.com