Uday Kotak fears market rally poses risk of a bubble; raises foreign ownership issue
Fp Staff • 7 years agoUday Kotak feels a lot of savings are going into only a few hundred stocks of companies who have faced certain issues related to governance standards
Banks stare at union strike on Tuesday, services may be hit
• 8 years agoMost banks have already informed their customers that functioning of branches and offices will be impacted if the strike takes off
Kotak Bank holds high savings a/c rates at 6%, says savers as important as borrowers
• 8 years agoOn 31 July, SBI slashed interest rate on savings deposits by 50 bps to 3.5 percent on balance up to Rs 1 crore
India Inc salary mismatch: Private CEOs get up to 1,200 times more than staff, PSU chiefs just 3-4 times
• 8 years agoTCS saw the ratio between top-paid executive pay and the median employee remuneration rise to 515 times (from 460 times in previous year), while the same for Lupin stood at 1,263 times (though down from 1,317 times) for Chairman.
Kotak Mahindra Bank to raise Rs 65,000 crore for expansion
• 8 years agoShareholders of the bank gave approval to borrow in excess of the paid up capital and free reserves but not exceeding Rs 60,000 crore, Kotak Mahindra Bank said
Core income, better show by subsidiaries push Kotak Mahindra Bank net profit up 26%
• 8 years agoCore net interest income rose 17 percent to Rs 2,246 crore
Only 12 banks score 'high' in rendering best customer services
• 8 years agoBCSBI is an independent body set up by the RBI. It's objectives are to promote good banking practises, setting minimum standards, increasing transparency, achieving higher operating standards and promoting a cordial banker-customer relationship
Uday Kotak sells Kotak Bank shares worth Rs 1,687 cr; Canadian pension fund, Fidelity Funds among buyers
• 8 years agoUday Kotak, Vice Chairman and Managing Director, sold a total of 1.8 crore shares, amounting to 0.95 percent stake of the bank.
BSE adds Kotak Mahindra, Tata Motors DVR to benchmark index
• 8 years agoState-owned gas transmission company Gail Ltd will make way for the two stocks in the benchmark index
Kotak Mahindra Bank buys out Old Mutual from insurance arm for Rs 1,292 crore
• 8 years agoOld Mutual, undergoing an organisational revamp, approached the bank asking if it was interested in buying back the stake