kotak mahindra bank

D-Street Buzz: Bank Nifty outperforms led by Kotak Bank; ICICI Bank at new 52-week high, HUL drags

The top Nifty gainers included Kotak Mahindra Bank, IndusInd Bank, Titan Company, ICICI Bank and GAIL India while the top losers included Coal India, HUL, Bharti Airtel, Zee Entertainment and ITC.

Kotak-RBI row: Bombay HC rejects interim relief again, adjourns hearing to April 1

The court turned down the bank's plea for an interim protection from regulatory action saying the matter is not as simple as the petitioner is making it out to be, and posted the matter for further hearing to April 1.

Opinion | Banking regulations are not cast in stone

A win for Kotak will prompt a much needed review of regulation and will bring in new banks, increased competition and hopefully better services.

Opinion| It’s time to review ownership rules to make banking attractive again

More than thirty months after on tap licensing guidelines were issued not a single organisation has come forward to set up banks in India

RBI-Kotak stand-off: Review panel for ownership norms among key proposals

The common viewpoint on both sites is that the stand-off with Kotak Mahindra Bank needs to be resolved at the earliest as it might be sending a wrong impression to the investor community, including the foreign institutions.

Kotak Bank lowers lending rate by a marginal 5 bps

Kotak Mahindra Bank cut the MCLR in four tenors, including the important one-year maturity ones to which all the major consumer loans including home loans are linked.

Kotak Mahindra Bank raises foreign investment limit

The hike in the shareholding limit comes as the private-sector lender grapples with a central bank directive on reducing its Chief Executive Uday Kotak's stake in the bank.

Kotak Mahindra Bank falls over 4% on block deals; ING may have sold stake

ING Group merged its banking unit, ING Vysya Bank, with Kotak Mahindra Bank in November 2014

ING Group may sell 1.2% stake in Kotak Mahindra Bank today

ING Mauritius Investments held about 3 percent stake, or 5,84,53,476 shares, in Kotak Mahindra Bank as of December 31, 2018, shows BSE data

Uday Kotak believes it is time for consolidation in NBFC space

Kotak also said India needs a long-term solution to woes of public sector banks.

Market Headstart: Nifty likely to open higher; 3 stocks which could give 8-10% return

Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 21.5 points or 0.2 percent. Nifty futures were trading around 10,883-level on the Singaporean Exchange.

RBI slaps penalties on 7 banks for violation of norms

The Reserve Bank further said Rs 20 lakh fine each on HDFC Bank, IDBI Bank and Kotak Mahindra Bank for non-compliance with various directions on Know Your Customer (KYC) norms and Anti-Money Laundering (AML) standards.

Market Headstart: Nifty likely to open flat; 3 stocks which could give 7-10% return

Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, a rise of 12.5 points or 0.11 percent. Nifty futures were trading around 10,960-level on the Singaporean Exchange.

Bulls rule as Sensex soars over 500 points; here are 5 factors driving the rally

The Sensex rose nearly 600 points, while the Nifty hit 10,800 in the afternoon. Buying was visible across all sectors, with maximum gains seen among banks, technology names as well as energy sector.

Hold Kotak Mahindra Bank; target of Rs 1291: Prabhudas Lilladher

Prabhudas Lilladher recommended hold rating on Kotak Mahindra Bank with a target price of Rs 1291 in its research report dated January 21, 2019.

Accumulate Kotak Mahindra Bank; target of Rs 1420 : Dolat Capital

Dolat Capital recommended accumulate rating on Kotak Mahindra Bank with a target price of Rs 1420 in its research report dated January 21, 2019.

Transcript| Kotak Mahindra Bank Q3 FY19 Earnings Conference Call

This is the verbatim transcript of Kotak Mahindra Bank management call with analysts.

Markets@Moneycontrol | Range bound trade on D-Street

Santosh Nair, Editor, Moneycontrol wraps up the week’s action on D-Street as well as details the cues and triggers to watch out for in the coming week.

Buy Kotak Mahindra Bank; target of Rs 1400: HDFC Securities

HDFC Securities is bullish on Kotak Mahindra Bank has recommended buy rating on the stock with a target price of Rs 1400 in its research report dated January 22, 2019.

Hold Kotak Mahindra Bank; target of Rs 1400: ICICI Direct

ICICI Direct recommended hold rating on Kotak Mahindra Bank with a target price of Rs 1400 in its research report dated January 22, 2019.

Opinion| Can the RBI and Kotak Mahindra Bank both be right?

The current battle between the Reserve Bank of India and Kotak Mahindra Bank with respect to Uday Kotak’s ownership levels have raised many questions.

Brokerage Calls: Time to sell Ashok Leyland; JustDial, Kotak, Union Bank top buys

Credit Suisse maintained its underperform rating on Lupin with a target price of Rs 800 while CLSA maintained its sell rating on Ashok Leyland and slashed its target price to Rs 75 from Rs 85 earlier.

Kotak Mahindra Consolidated December 2018 Net Interest Income (NII) at Rs 3,804.05 crore, Up 19.4% Y-o-Y.

Kotak Mahindra Standalone December 2018 Net Interest Income (NII) at Rs 2,939.08 crore, up 22.78% Y-o-Y

Kotak Mahindra Bank Q3 profit jumps 23 percent to Rs 1,291 crore; asset quality improves

The net interest income (NII), the difference between interest earned and expended, grew 23 percent YoY at Rs 2,939 crore from Rs 2,394 crore last year.