Top five private banks stare at NPAs doubling to 5% in FY21

These five banks-- HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes Bank--collectively control a quarter of the system and three-fourths of the private banking space, according to a report by India Ratings on Friday.

Financial sector will need to be recapitalised, says Uday Kotak

Kotak further said there will be costs that cannot be borne by businesses or the government, and these will be borne by the financial sector.

Slideshow | Top companies by market cap last week; TCS, RIL biggest gainer

During the past week, the 30-share BSE Sensex advanced 850.15 points, or 2.41 percent. Tata Consultancy Services and Reliance Industries emerged as the biggest gainers in terms of market value.

Slideshow | Top companies by market cap last week; RIL biggest gainer

Reliance Industries became the first Indian company to cross the Rs 11 lakh crore market valuation-mark on June 19 after Chairman Mukesh Ambani announced that his oil-to-telecom conglomerate had become net debt-free.

COVID-19 impact: SEBI paves way for consolidation of promoter stake and quicker QIP deals in listed companies

Spare a thought for the small-cap and mid-cap companies.

Kotak Mahindra Bank share price up 2% after Morgan Stanley maintains overweight call

The research firm has retained its overweight call on the stock with target of Rs 1,475 per share and expects credit cost to be higher in FY21 against last year.

Top-10 firms add Rs 2.46 lakh crore in market cap; RIL biggest gainer

In the ranking of top-10 firms, RIL retained its number one slot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ITC and ICICI Bank.

US endowment fund Regents, Oppenheimer top buyers in Uday Kotak's mega Rs 6,900-crore block deal

The second highest buyer of shares was Oppenheimer Developing Markets Fund.

Uday Kotak sells Rs 6,944 crore worth shares of Kotak Mahindra Bank

Managing Director Uday Kotak sold 5.6 crore equity shares (representing 2.92 percent of total paid-up equity) at Rs 1,240 per share, as per the bulk deals data available on the BSE

Credit rating is matter of opinion: Uday Kotak on Moody's downgrade

Moody's Investors Service on Monday downgraded the country's rating by one notch to 'Baa3', the lowest in the investment grade, with a negative outlook on worries over growth and fiscal risks.

3-Point Analysis | Uday Kotak sells 2.8% stake in Kotak Mahindra Bank, here's all you need to know

Moneycontrol's Sakshi Batra does a 3-Point Analysis on the development.

Kotak Mahindra Bank shares jump 6% after Uday Kotak plans to sell 2.83% stake

The move to sell stake will bring the curtains down on an extended standoff between the regulator and the bank over the reduction in promoter shareholding.

Exclusive | Uday Kotak to launch Rs 6,000 crore mega deal to comply with RBI settlement pact

The move will bring the curtains down on an extended standoff between the regulator and the bank over the reduction in promoter shareholding.

Seven of top-10 companies add Rs 1.76 lakh crore in m-cap; HDFC Bank shines

Reliance Industries Limited added Rs 21,300.4 crore to its market valuation to stand at Rs 9,28,849.39 crore.

Kotak Mahindra ropes in GIC among other investors for Rs 7,460 crore-QIP: Report

Top mutual funds including Aditya Birla Sun Life MF, SBI MF, HDFC MF and ICICI Prudential MF, also bought shares in the issue

Kotak Mahindra Bank gains 2% on QIP launch, to raise up to Rs 7,460.38 crore

Kotak Mahindra Bank has set a floor price of Rs 1,147.75 per share for the offering. The bank's board had sanctioned the fundraising in April.

Kotak Mahindra Bank launches QIP to raise up to Rs 7,460 crore

Kotak Mahindra Bank has set a floor price of Rs 1,147.75 per share for the offering.

Kotak Mahindra Consolidated March 2020 Net Interest Income (NII) at Rs 4,633.19 crore, up 15.8% Y-o-Y

Kotak Mahindra Bank interest rates on saving account slashed to 3.50% from May 25

The new interest rates will be applicable from May 25 on balance up to Rs. 1 lakh

Closure of six debt schemes: Franklin Templeton appoints Kotak Mahindra Bank as advisor

Kotak Mahindra Bank through its Debt Capital Markets team will work closely with Franklin Templeton Trustees, to assist with all portfolio actions in these six schemes.

Buy Kotak Mahindra Bank; target of Rs 1450: Dolat Capital

Dolat Capital is bullish on Kotak Mahindra Bank has recommended buy rating on the stock with a target price of Rs 1450 in its research report dated May 14, 2020.

Slideshow | Top companies by market cap last week; Bharti Airtel biggest gainer

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

Accumulate Kotak Mahindra Bank; target of Rs 1343: Prabhudas Lilladher

Prabhudas Lilladher recommended accumulate rating on Kotak Mahindra Bank with a target price of Rs 1343 in its research report dated May 14, 2020.

These 4 stocks could benefit from asset allocation shift in households post COVID-19 world

Key risk to the thesis is the protracted income loss to household savings, ICICI Securities said.

Buy Kotak Mahindra Bank; target of Rs 1600: ICICI Direct

ICICI Direct is bullish on Kotak Mahindra Bank has recommended buy rating on the stock with a target price of Rs 1600 in its research report dated May 14, 2020.