IDBI Bank Stake Sale: Fairfax, Emirates NBD, Kotak Mahindra Bank Receive RBI Approval
Fairfax Financial Holdings, Emirates NBD, and Kotak Mahindra Bank are three potential bidders for the IDBI Bank stake. They have received the ‘fit & proper’...
Tag : kotak mahindra bank
Kotak Mahindra Bank Shares Bought by 39 Mutual Fund Houses, Shares Traded Flat
Kotak Mahindra Bank shares traded flat on May 13, after 39 mutual funds bought shares in the Bank, worth over Rs 8,100 crore, which helped...
Kotak Mahindra Bank Q1 Report; 50% Rise in Consolidated Profit
Kotak Mahindra Bank on July 22 reported a 50.62% rise in its consolidated profit at Rs 4,150.19 crore for the Q1 of the current fiscal...
RattanIndia Power Shares Spiked as it Secures Senior Debt Refinancing
Shares of RattanIndia Power jumped more than 19% following the company’s Saturday announcement of its Rs 1,114 crore senior debt refinancing led by the Kotak...
Kotak Mahindra Bank Share Slips 4% on Profit Booking
Kotak Mahindra Bank shares tanked 3.89% to Rs 1,935.95 in morning trade, a day after the counter sent sharp gains on reports that it might...
Kotak Mahindra Bank’s Q4 Net Profit Rises 26% to Rs 3,495 Crore, Beats Forecasts
Kotak Mahindra Bank reported on April 29 that its standalone net profit rose 26% to Rs 3,495 crore in the March quarter. Net profit for...
IDBI Bank Shares Up 10% on Report RBI Has Started Bid Evaluation Process
Shares of state-run lender IDBI Bank surged 13% in intraday trade before closing nearly 10% higher on the BSE on reports that the Reserve Bank...
Kotak Mahindra Bank Unit Raises $1.25 Billion for 2nd Special Situations Fund
On Tuesday, an arm of Kotak Mahindra Bank announced it had raised $1.25 billion for its second special situations fund. Funds raised will be used...
Yes Bank Shares Flat as SBI’s 3-Year Lock-In Period Ends This Week
Shares of YES Bank opened lower on Monday as State Bank of India’s (SBI) three-year lock-in period ended this week. However, the stock recovered quickly...
PSU Banks Shares Up to 7% as Adani Sells Stake in Group Company to Cut Debt
Public sector banks exposed to Adani Group companies saw heavy buying on the morning of March 3 after the port-to-power group raised funds by selling...