Kotak Mahindra Bank
Kotak Mahindra Bank News
Kotak Mahindra Bank introduces Merchant One Account for MSMEs; details here
Merchants are not going to be levied non-maintenance charges if they don’t maintain the monthly average balance in the account
Kotak Mahindra Bank revises fixed deposit interest rates; check latest rates here
As per Kotak Mahindra Bank’s website, you can open a fixed deposit with a minimum of Rs 5,000. Furthermore, for FDs with tenure below 181 days, the interest will be calculate as simple interest
After ‘Audiogate’, BharatPe co-founder goes on voluntary leave: All you need to know about scandal surrounding Ashneer Grover
BharatPe co-founder Ashneer Grover issued a statement that he will be taking a leave of absence till March-end, just two weeks after an abusive audio clip of his with a Kotak Mahindra Bank was leaked online
Sensex, Nifty end flat after volatile trade: Top 10 gainers and losers today at close of market
While the BSE Sensex was up 7.09 points or 0.01 percent at 49,751.41, the Nifty was up 32.10 points or 0.22 percent at 14,707.80
ICICI, HDFC Bank among others revise working hours; here is a list of new bank timings applicable across India during lockdown
To ensure the safety of staff and customers, banks across the country have changed timings
Stock Market Latest Updates: Indices nearly 3-month high, Sensex jumps over 500 points, Nifty close to 10,000-mark; Bajaj Finance, HDFC among gainers
Stock Market Latest Updates: Indices nearly 3-month high, Sensex jumps over 500 points, Nifty close to 10,000-mark; Bajaj Finance, HDFC among gainers
Uday Kotak sells 5.6 cr shares in Kotak Mahindra Bank, ends standoff with RBI; shares surge over 7% in early trade
Kotak, the richest banker in Asia, is the Managing Director of Kotak Mahindra Bank, which is the fourth largest private sector lender in the country.
Seven of top 10 most valued companies add Rs 1.76 lakh cr in m-cap; HDFC Bank emerges biggest gainer
HDFC rallied Rs 24,733.64 crore to Rs 2,87,407.32 crore.
Kotak Mahindra Bank launches Rs 7,000-cr share sale through qualified institutional placement
Private sector lender Kotak Mahindra Bank on Tuesday launched its over Rs 7,000-crore qualified institutional placement (QIP) of shares
Kotak Mahindra Bank cuts interest rates for savings accounts to 3.50%, effective from today; applicable on balance up to Rs 1 lakh
The change in interest rates at Kotak Mahindra Bank comes after the Reserve Bank of India on Friday reduced the repo rate by 40 basis points to 4 percent from 4.4 percent earlier.
COVID-19 impact: IDFC First Bank senior management takes 10% compensation cut in FY21; pays 100% variable pay to 78% staff
IDFC First Bank paid 100 percent of the variable pay to 78.2 percent of employees for FY20.
Four of top 10 companies add Rs 1.12 lakh cr in market cap last week; Tata Consultancy Services tops the chart
The market valuation of Tata Consultancy Services zoomed Rs 47,148.71 crore to Rs 7,57,587.71 crore, the biggest rise among the top-10 firms.
Franklin Templeton appoints Kotak Mahindra Bank to assist in monetising assets of 6 wind-up schemes
Franklin Templeton Trustee Services has appointed Kotak Mahindra Bank to work together with Franklin Templeton Asset Management (India) to assist the trustees in monetising portfolios of the six schemes that are being wound up
Kotak Mahindra Bank Q4 net profit down 4% to Rs 1,952 cr; bad loans marginally up at 2.25%
Kotak Mahindra Bank on Wednesday reported 4 percent decline in consolidated net profit at Rs 1,951.82 crore for the fourth quarter ended March 2020 due to COVID-19 related provisions
Kotak Mahindra Bank declares 10% pay cut for staff with over Rs 25 lakh annual salary
Private sector lender Kotak Mahindra Bank has decided on a 10 percent pay cut for the employees earning above Rs 25 lakh per annum, in a business sustainability move amid the COVID-19 pandemic, according to a communication
Yes Bank Q4 results: Private lender posts Rs 2,629 cr net profit on gains from AT-1 bond write-off
Yes Bank had a loss of Rs 18,560 crore loss in the December quarter while the loss was at Rs 1,506 crore in the March 2019 quarter.
Five of top-10 firms add Rs 1.63 lakh cr in market capitalisation; Reliance Industries sparkles
The market cap of Reliance Industries Ltd (RIL) zoomed Rs 1,21,904.63 crore to Rs 8,98,499.89 crore.
Kotak Mahindra Bank lowers interest rates on savings deposits for second time in April; new rates effective from today
Kotak was one of a handful banks-–Yes Bank, Indusind Bank, RBI and DBS--to offer higher pricing on savings deposits that had peaked at 7 percent for the past many years.
Coronavirus Outbreak: Uday Kotak to takes notional salary of only Re 1 for financial year 2020-21
Billionaire banker Uday Kotak has decided to take a notional salary of only Re 1 for the financial year 2020-21, amid COVID-19 pandemic, which is likely to have huge economic implications
Bank shares tank after Moody's changes outlook on Indian banks to negative; RBL, Kotak, IndusInd top losers
Bank shares on Friday dropped up to 15 percent after Moody's Investors Service changed the outlook for the Indian banking system to negative from stable