Kotak Mahindra Bank Q2 profit rises
Kotak Mahindra Bank, saw a 22% rise in the second quarter (July-September) profit. The rise was backed by higher interest income and lower bad loans ratio....
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Kotak Mahindra Bank aims to raise Rs 65,000 cr
Kotak Mahindra Bank has received its shareholders approval for raising up to Rs 65,000 crore for funding business expansion. The bank has said in a...
Kotak Mahindra Bank has posted 23% increase in Q1 net profit
The Kotak Mahindra Bank has posted a 23 percent year-on-year increase in its standalone net profit at Rs 912.73 crore for the June quarter. In...
Kotak Mahindra Bank aims to raise Rs 5,000 crore to increase capital
Kotak Mahindra Bank is going to raise up to Rs 5,000 crore through tapping domestic and overseas markets. The bank has said in a regulatory...
Kotak Mahindra Bank aims to buy out British partner Old Mutual for Rs 1,292 crore
On Friday, the private sector lender Kotak Mahindra Bank (KM) has said that it is buying out British partner Old Mutual’s entire 26 percent stake...
Kotak Mahindra Bank reports Q1 net up fourfold to Rs 740 crore
On Thursday, the Kotak Mahindra Bank has posted almost fourfold jump in its standalone net profit to Rs 741.97 crore in the first quarter ended...
Kotak Mahindra Bank aims 20% credit growth in FY 17
According a senior executive, the Kotak Mahindra bank is aiming about 20 percent growth in credit during the current fiscal. Virat Diwanji, Bank’s Senior Executive...
Kotak Mahindra Bank acquires stake worth Rs 91 crore in Godrej Properties
A 1.37 percent stake in Godrej Properties has been acquired by the private sector lender Kotak Mahindra Bank for Rs 91 crore through an open...
NCDEX tied up with Kotak Mahindra Bank to provide commodities loans
On Tuesday, National Commodity & Derivatives Exchange Ltd has announced its tie-up with the Kotak Mahindra Bank for the purpose of providing finance to the...
YES Bank and Kotak Mahindra Bank has cut base rate by 25 bps
On Thursday, the Kotak Mahindra Bank and YES Bank has cut their base rate by 25 bps to 9.5 percent and 10.25 percent respectively. From...