kotak mahindra bank

RBI slaps Rs 2 crore fine on Kotak Mahindra Bank for not complying with directions

The order dated June 06 was imposed for non-compliance of directions, an RBI statement read

Six of top-10 firms add Rs 99,994 crore in m-cap; TCS leads

Kotak Mahindra Bank's valuation rose by Rs 1,116.72 crore to Rs 2,90,098.18 crore.

Uday Kotak's ‘paper cups’ tweet starts green war on Twitter

The CEO of Kotak Mahindra Bank talked about how his company was saving 4.3 lakh plastic bottles per annum in the Mumbai office by using disposable paper cups.

Working on granting home loans to self-employed customers within 24-48 hrs: Kotak Mah Bank

To our salaried customers, we give home loan sanctions within four hours, said Ambuj Chandna, Senior Executive Vice President and Head – Consumer Assets of Kotak Mahindra Bank

Market Headstart: Nifty likely to open lower; 3 stocks which could give 3-5% return

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 56 points or 0.48 percent. Nifty futures were trading around 11,704-level on the Singaporean Exchange.

Hold Kotak Mahindra Bank; target of Rs 1500: ICICI Direct

ICICI Direct recommended hold rating on Kotak Mahindra Bank with a target price of Rs 1500 in its research report dated May 02, 2019.

Buy Kotak Mahindra Bank; target of Rs 1554: Nalanda Securities

Nalanda Securities is bullish on Kotak Mahindra Bank recommended buy rating on the stock with a target price of Rs 1554 in its research report dated May 01, 2019.

Hold Kotak Mahindra Bank; target of Rs 1385: Prabhudas Lilladher

Prabhudas Lilladher recommended hold rating on Kotak Mahindra Bank with a target price of Rs 1385 in its research report dated May 01, 2019.

Buy Kotak Mahindra Bank; target of Rs 1481: HDFC Securities

HDFC Securities is bullish on Kotak Mahindra Bank has recommended buy rating on the stock with a target price of Rs 1481 in its research report dated May 02, 2019.

Accumulate Kotak Mahindra Bank; target of Rs 1550: Dolat Capital

Dolat Capital recommended accumulate rating on Kotak Mahindra Bank with a target price of Rs 1550 in its research report dated May 02, 2019.

Ideas for Profit | Kotak Mahindra Bank: Look to own this stock on any correction

Investors must add this stock to their portfolio in the event of any negative news flow or market turbulence

Disbursements to auto sector under review, says Uday Kotak

Kotak Mahindra Bank did not disclose its current exposure to the auto sector, but senior officials said it is well within the sectoral cap of 2%.

Uday Kotak warns of more liquidity squeeze, muddying waters for financial sector again

The next six months are crucial for the financial sector, Kotak, the executive vice-chairman of Kotak Mahindra Bank said, adding the fear this time is the financial sector impacting both itself as well as the real sector.

Kotak Mahindra Consolidated March 2019 Net Interest Income (NII) at Rs 4,001.02 crore, up 18.07% Y-o-Y

Kotak Mahindra Standalone March 2019 Net Interest Income (NII) at Rs 3,047.87 crore, up 18.15% Y-o-Y

Kotak Bank Q4 preview: Net profit, NII expected to grow in double digits

Motilal Oswal expects the bank to report net profit at Rs 1,388 crore up 23.5 percent year-on-year (up 7.5 percent quarter-on-quarter). Net Interest Income (NII) is expected to increase by 21.2 percent Y-o-Y.

Kotak Mahindra Investments exits Matrix, sells 19.77% stake for Rs 10 crore

Kotak Mahindra Investments Ltd (KMIL), a wholly-owned subsidiary of Kotak Mahindra Bank, has executed a share purchase agreement for sale of its entire equity stake of 19.77 per cent in Matrix Business Services.

As RBI and Kotak Bank spar over promoter stake rule, experts feel spirit of law at stake

While the Bombay High Court has “no time” to address the case before 2020, market experts have strong opinions about Kotak’s defiance against the RBI.

Kotak Bank drags Ballarpur group firm to NCLT now

The company was on the second list of 29 defaulting companies of RBI, recommending that these firms be referred for resolution through the bankruptcy code.

Corporate Corridor | Kotak Mahindra Bank needs to be held to higher governance standards

By proposing the use of perpetual non-cumulative preference shares to cut promoter holding, Kotak, the promoter, is guilty of not complying with the spirit of the law. So too, Kotak Mahindra Bank and its independent directors.

RBI rate cuts to boost demand, focus should be on 7% GDP growth: Uday Kotak

The vice chairman and managing director of Kotak Mahindra Bank also said that it may look at a further reduction in MCLR.

Kotak Mahindra Bank cuts savings deposit rate by 50 bps to 4.5 percent

The interest rate on savings deposits of up to Rs 1 lakh has been cut from 5 percent to 4.5 percent.

Kotak Mahindra Bank Q4 Net Profit seen up 23.5% YoY to Rs. 1,388 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 21.2 percent Y-o-Y (up 6.4 percent Q-o-Q) to Rs. 3,126.2 crore, according to Motilal Oswal.

ICICI Bank cuts MCLR by 5 bps across tenors

Kotak Mahindra Bank also cut its MCLR by 10 basis points in select tenors

Bombay High Court asks Kotak Mahindra Bank promoters to file affidavit on RBI directive on equity dilution

The RBI had directed the bank to dilute the promoter's shareholding from around 30 percent to a maximum of 20 percent of its paid-up voting equity capital by December 31, 2018 and to 15 percent by March 31, 2020.