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Kotak Mahindra Bank hikes home loan rates by 0.05 per cent

The private sector lender will now be offering home loans starting from 6.55 per cent, as against 6.50 per cent earlier, as per an official statement.
The new rates will be applicable till December 10, a statement by Kotak Mahindra Bank said.(Mint)
The new rates will be applicable till December 10, a statement by Kotak Mahindra Bank said.(Mint)
Published on Nov 08, 2021 05:09 PM IST
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PTI | | Posted by Sharangee Dutta, Hindustan Times, New Delhi

Kotak Mahindra Bank cuts home loan interest rate to 6.5%

  • In the past, Kotak Mahindra's rivals—HDFC and State Bank of India (SBI)—have responded to rate cuts by cutting their own offering.
This special rate of 6.50 per cent is a limited period festive season offer beginning on Friday and ending on November 8, 2021, said the bank.(Livemint)
This special rate of 6.50 per cent is a limited period festive season offer beginning on Friday and ending on November 8, 2021, said the bank.(Livemint)
Published on Sep 10, 2021 09:32 AM IST
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Written by Susmita Pakrasi | Edited by Meenakshi Ray, Hindustan Times, New Delhi

Nykaa selects 5 banks for share sale

  • The bankers are Kotak Mahindra Capital Co., Morgan Stanley, BofA Securities, Inc. (previously known as Bank of America Merrill Lynch), Bank of America Merrill Lynch, CitiBank and ICICI Securities
Falguni Nayar, founder and CEO of Nykaa. mint(Mint)
Falguni Nayar, founder and CEO of Nykaa. mint(Mint)
Published on Apr 15, 2021 01:35 AM IST
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ByBruhadeeswaran R, Bengaluru

Kotak Mahindra Bank signs MoU with Indian army to handle salary accounts

The MoU enables Kotak to offer its salary account proposition, combined with exclusive benefits for the Indian Army, to all army personnel – both active and retired.
The salary account will cover other benefits such as a bespoke salary account for the army personnel, enhanced complimentary personal accident insurance cover - for both on-duty and off-duty incidents.(Mint)
The salary account will cover other benefits such as a bespoke salary account for the army personnel, enhanced complimentary personal accident insurance cover - for both on-duty and off-duty incidents.(Mint)
Published on Mar 04, 2021 09:35 PM IST
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PTI | , New Delhi

Kotak Mahindra Bank announces launch of Kotak Remit on mobile

For the first time, Kotak customers can conveniently transfer money internationally to their beneficiaries straight from their mobile, Kotak Mahindra Bank said in a release.
The private sector lender said that it is an industry-first move, and customers will not have to furnish any physical documents for transactions up to $25,000 or equivalent seamlessly to permissible geographies across the world.(Pradeep Gaur/ Mint)
The private sector lender said that it is an industry-first move, and customers will not have to furnish any physical documents for transactions up to $25,000 or equivalent seamlessly to permissible geographies across the world.(Pradeep Gaur/ Mint)
Published on Feb 15, 2021 02:45 PM IST
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Wednesday, May 25, 2022