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Kotak Mahindra Bank shares sink 7% on muted Q1 show; should you buy, sell, or hold?

While Kotak Bank's growth outpaced the banking pack, brokerages were disappointed by the decline in NIMs and elevated formation of non-performing loans.

Kotak Mahindra Bank shares drop up to 2% on Macquarie downgrade

Macquarie, in its latest note, downgraded Kotak Mahindra Bank to ‘neutral’ but raised the target price to Rs 2,300.

Kotak Mahindra Bank Q3 FY25: Strong show, time to add to the long-term portfolio

Superb execution in Q3 underlines the inherent strength of the bank and sets the stage for market share gains

Kotak Mahindra Bank Q3: Brokerages upgrade stock on strong performance, reversal of RBI ban awaited; stock jumps 9%

Kotak Bank's loan and deposit growth were healthy in Q3 in a tough macro environment, which brokerages found encouraging.

Kotak Mahindra Bank shares gain as Citi Research upgrades to 'buy', sees 16% upside

Citi Research said that Kotak Bank's medium-term growth adjustments with a relatively low beta position the bank well among its peers.

UBS hikes target price on Kotak Mahindra Bank, but maintains neutral outlook

Kotak Mahindra Bank is more sensitive to interest rate cuts compared to other banks under UBS’s coverage, the brokerage noted.

Kotak Group Fund named in Sebi notice owns over 1% in seven companies

K India Opportunities Fund through another sub-fund called K India Opportunities Fund Limited Class S owns more than one percent in Krsnaa Diagnostics, Mold-Tek Packaging, Poddar Housing and Development, Shilchar Technologies, KDDL Ltd., Vivimed Labs and Supreme Infrastructure India.

Kotak Bank's credit profile to improve over next 12 months: S&P

S&P Global Ratings credit analyst Nikita Anand said S&P's base case assumption is that the bank should be able to manage the impact on its credit profile and the lender has made significant progress on tech enhancement in last 18 months, which includes the hiring of senior level executive like the Chief Technology Officer.

Are Kotak Mahindra Bank’s problems transitory?

The regulatory woes may be transitory, but investors will want to see proof that its long-term potential under its new management is intact

RBI action poses challenge to Jay Kotak-led Kotak 811, say industry veterans

As per latest data available, Kotak 811 is a critical division in the bank’s operations, accounting for nearly 95% personal loan disbursals, 99% credit card sales and 79% new business.

Rs 1,000 turns into Rs 20 lakh in 1 day! Short contracts of Kotak Mahindra Bank appreciate by as much as 71,600%

Kotak Mahindra Bank's shares fell by nearly 11% on April 25, a day after RBI barred the lender from taking on new digital clients and issuing credit cards

Should Kotak Mahindra Bank’s existing customers worry about the RBI action ?

RBI has barred the bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards, citing supervisory concerns over its technology platforms.

Kotak Bank shares plunge 10% on RBI curbs; stock ratings, target prices cut

RBI has barred Kotak Mahindra Bank from onboarding clients due to supervisory concerns over their technology platforms. The action would inhibit growth projections that Kotak Mahindra Bank had set for itself, said analysts.

Kotak Bank promoter Infina Finance donated Rs 60 cr to BJP via electoral bonds

Infina Finance, owned by the Kotak family, is listed as one of the promoter group entities of Kotak Mahindra Bank. However, it does not own any shares in the private sector lender, which has been barred by the RBI from issuing fresh credit cards.

Kotak Mahindra Bank open to more partnerships on co-branded credit cards, says senior executive

The bank already has five co-branded credit cards -- with IndiGo Airlines, PVR, Indian Oil Corporation, Myntra, and Metro Cash and Carry.

Kotak Mahindra Bank Q3 results: Top 4 highlights from the earnings report

According to Motilal Oswal Financial Services, asset quality was expected to improve to 1.63 percent and Net NPA at 0.34 percent but the reported numbers missed expectations.

Kotak Mahindra Bank made contingent provision of Rs 143 crore on AIF investments

The central bank had earlier said that regulated entities cannot invest in AIFs that have directly or indirectly invested in companies that have borrowed money from the lenders.

Kotak Mahindra Bank raises FDs rates across tenures by up to 85 bps

FD rates for senior citizens have been increased by up to 85 basis points (bps) across tenures, the bank said in a press release

Kotak Mahindra Bank shares fall despite in-line Q2 results, new CEO: Time to buy?

Kotak Mahindra Bank continues to guide for steady trends in retail payment defaults, and aims to further increase the mix of unsecured loans, said brokerage Motilal Oswal.

PSU bank stocks beat private peers in one-year returns, keep brokerages upbeat

Amid turbulent market conditions marked by high interest rates and inflation, the Nifty PSU Bank Index tracking the performance of PSBs has surged by a noteworthy 52 percent over the past year

Fintechs, banks can thrive on collaborative basis: Kotak Mahindra Bank's Shanti Ekambaram

Whole-time director of Kotak Mahindra Bank said that in India, unlike in the rest of the world, banks have moved forward on the experience side significantly.

Kotak Bank open to acquisitions if value accretive, says Ekambaram

The latest acquisitions of the bank include BSS Finance and Sonata Finance which the lender acquired in 2016 and 2023 respectively.

Kotak Bank plans to grow its unsecured retail book, says Shanti Ekambaram

In the April-June FY24 quarter, the bank’s retail unsecured portfolio was at 10.7 percent. Ekambaram said that the bank would manage risks efficiently in the segment.