Latest News on Kotak Mahindra Bank
Showing of 0 - 10 from 135 results
Kotak Mahindra Bank - Total results - 135
Feb 26, 2019
Foreign shareholding limit in Kotak Mahindra Bank goes up to 45% as board of directors gives nodUday Kotak, vice chairman and managing director of Kotak Mahindra Bank, earlier held 30.03 percent stake.
Feb 22, 2019
ING Group exits Kotak Mahindra Bank, sells 1.2% stake for around Rs 2,800 croreIt is estimated that the stake would have fetched Rs 2,800 crore to the global financial institution of Dutch origin.
Feb 21, 2019
Uday Kotak says technology majors like Google and Facebook should not be allowed to get into banking sectorKotak said banking is a business with a high degree of leverage involving public trust and continues to be synonymous with safety
Feb 13, 2019
RBI slaps penalties on 7 banks for non-compliance of norms; Rs 1.5 cr imposed on Allahabad Bank, Bank of Maharashtra, IOBThe 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 KYC norms and anti-money laundering standards.
Jan 21, 2019
Kotak Mahindra Bank Q3 profit rises 23% to Rs 1,291 crore on higher net interest income; gross NPAs decline to 2.07%Kotak Mahindra Bank had posted a standalone net profit of Rs 1,053 crore in the October-December quarter of the last fiscal
Jan 17, 2019
Daily Bulletin: Amit Shah, Jaitley unwell months before polls; Theresa May wins confidence vote; Netflix, Hotstar to censor content; day's top storiesToday's top stories: Two top lieutenants of Narendra Modi, Amit Shah and Arun Jaitley, unwell months before LS polls; Netflix and local rival Hotstar to censor content in India, say sources; Petrol price down, diesel rate up; and more.
Jan 16, 2019
Kotak Mahindra Bank case to come up for hearing amid clamour for change in ownership rulesKotak Mahindra Bank's case against an RBI decision on promoter stake dilution is likely to come up for hearing before the Bombay High Court on Thursday amid a growing clamour for a review of the central bank's ownership guidelines for home-grown private sector lenders
Jan 11, 2019
BM Khaitan Group plans to sell Eveready Industries as part of rejig to pare debt, may retain 10-15% stakeThe promoter company, which owns 45 percent in the publicly traded Eveready, is said to have mandated Kotak Mahindra Bank for the potential sale. “
Jan 02, 2019
NBFC crisis: Though lenders received a breather late last year, sector still 'fragile', says Uday KotakKotak, the executive vice chairman and managing director of Kotak Mahindra Bank, said he took up the task of heading IL&FS on a request from the government as a "national duty".
Dec 17, 2018
Bombay HC refuses relief for Kotak Mahindra Bank on deadline extension for promoter stake dilutionThe Bombay High Court on Monday refused to grant stay on private sector lender Kotak Mahindra Bank's plea for extension of the RBI's 31 December deadline for promoter stake dilution.