Aug 13, 2015 06:52 PM IST
"Obviously, if more and more positive news on inflation front comes, it's a reasonable expectation to expect that rates will be cut at the September policy," HDFC Bank's managing director Aditya Puri told reporters outside RBI here.
- Aug 02, 2015 04:35 PM IST
Bankers have said there is more room to cut deposit rates which can help bring down lending rates, but fear that competing savings instruments like PPF and tax-free bonds will limit their ability
- Jul 15, 2015 04:24 PM IST
Ace banker Uday Kotak has flagged concerns over privacy and security of the consumer across various sectors in the fast-growing digital world.
- Jul 01, 2015 08:37 PM IST
"Kotak Bank has reduced its base rate from current level of 9.85 percent per annum to 9.75 percent per annum with effect from July 2," the city-based lender said in a statement.
- Jun 29, 2015 06:19 PM IST
Speaking at the bank's 30th annual general meeting (AGM), Uday Kotak ,the executive vice chairman and managing director of Kotak Mahindra bank says market watchers should not look for steroids as the India marathon story is already playing out. He said there is significant capacity for the combined firm, post merger with ING Vysya.
- Jun 25, 2015 07:54 PM IST
Largest private sector lender ICICI Bank on Thursday marginally reduced its base rate to 9.70 percent from 9.75 percent earlier, making its lending rate at par with industry leader SBI and that of HDFC Bank.
- Jun 25, 2015 04:02 PM IST
In an interview with CNBC-TV18, Uday Kotak discussed the government's announcement today over its flagship infrastructure schemes, when he believes bank lending rates will come down and whether the worst of the NPA crisis is behind.
- Jun 10, 2015 08:11 AM IST
Indian banks have welcomed new rules that could allow them to take majority stakes in troubled companies as a warning to wayward entrepreneurs, even if the provisions will not apply to the bulk of struggling loans from past years.
- Jun 05, 2015 09:48 PM IST
In an interview with CNBC-TV18‘s Shereen Bhan, Kotak Mahindra Bank vice chairman and MD Uday Kotak explained his oft-quoted take on the Modi electoral campaign‘s political catchphrase, acche din aane waale hain (good days will arrive), and what it will take to turn corporate earnings around.
- May 21, 2015 08:05 AM IST
The founder and executive vice chairman of Kotak Mahindra Bank said technological innovation does offer huge business opportunities for India's banking sector. But it could also change the face of the industry.
- May 03, 2015 05:01 PM IST
Joining the debate on deliverables of the Narendra Modi government on economic front, ace banker Uday Kotak has said that industry and market expectations need to come down from their "sky high" levels and get more attuned to the reality.
- Apr 27, 2015 08:11 PM IST
Shareholders of ING Vysya Bank were issued 13,92,05,159 shares of Rs 5 each. The trading of new shares will be effective from Monday.
- Apr 27, 2015 12:20 PM IST
Effective April 1, 2015, ING Vysya Bank has merged with Kotak Mahindra Bank creating a Rs 2 trillion institution (consolidated). The merged entityKotak Mahindra Bank now has a significant national footprint of over 1,250 branches and 1900 ATMs spread across 640 locations, affording it the capacity and means to serve customers better.
- Apr 27, 2015 11:54 AM IST
In an interview to CNBC-TV18, Uday Kotak, Executive Vice-Chairman and Managing Director of Kotak Mahindra Bank, said the merger from practical point of view is effective April 1 and the forecast for merged entity will be given along with Kotak Mahindra earnings on May 5.
- Apr 22, 2015 01:06 PM IST
Ambani joins a host of industry leaders, including Mukesh Ambani, Anand Mahindra, Anil Agarwal, Gautam Adani, Uday Kotak and Kishore Biyani, who have rallied behind Modi's call to well-to-do people to give up buying LPG at below market price so as to help cut subsidy bill.
- Mar 02, 2015 09:37 PM IST
Among the 90 Indians on the Forbes Rich List 2015, published on Monday, Ambani (39th globally) is closely followed by pharmaceuticals business tycoon Dilip Shanghvi (44th rank with networth of USD 20 billion) and Azim Premji (48th with USD 19.1 billion).
- Feb 28, 2015 01:36 PM IST
Calling Budget positive Adrian Mowat of JPMorgan said the government has clearly put emphasis on kick-starting the economy, public spending and infrastructure. On fiscal deficit figure, which has been revised to 3.9 percent from 3.6 percent, Mowat said he is not worried about it.
- Feb 09, 2015 03:27 PM IST
Continuing his optimism in Modi-led BJP government, HDFC chairman Deepak Parekh said he is looking forward to better execution of policies now than what has happened in the last few months.
- Feb 09, 2015 10:32 AM IST
Speaking at the Global Investor Conference, Kotak said he believes that the government would certainly be focused on the quantity of the fiscal deficit and would like to project it at 3.6 percent of GDP by FY16.
- Feb 05, 2015 11:50 AM IST
The Reserve Bank of India has introduced liquidity coverage ratio (LCR) which requires banks to hold significantly higher levels of liquidity compared to earlier times.
- Feb 04, 2015 07:13 PM IST
The Reserve Bank of India may have decided on a status quo policy yesterday but veteran banker Uday Kotak, executive chairman and managing director of Kotak Mahindra Bank, has welcomed the move.
- Jan 25, 2015 04:09 PM IST
With inflation coming under control, Reserve Bank may cut interest rates further by 75-100 basis points in 2015, but challenges may appear in form of strengthening of rupee due to global fund flows, eminent banker Uday Kotak said
- Jan 23, 2015 02:54 PM IST
Indian Business Icons (IBI) 2015 is a special initiative by CNBC-TV18 for celebrating 15 years of leadership. The endeavour is to form a distinct league of the most powerful business icons.These names are now thrown open to public voting. The icon in focus is Uday Kotak.
- Jan 21, 2015 08:57 PM IST
Uday Kotak believes the US economy will do well in 2015. He expects US Federal Reserve to move on interest rate cycle in H2 CY15
- Dec 29, 2014 08:32 AM IST
To ensure that interests of all the stakeholders are 'protected', SA Sridhar from the ING Vysya Bank officers' association said a "tri-partite agreement" between Kotak Mahindra Bank (KMB), ING Vysya Bank, and employees and officers, be signed which will lay out all points in detail.