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kotak mahindra bank news
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‘Something big soon India,’ Hindenburg Research cryptically teases on X
Hindenburg Research became famous for its report titled, ‘Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History’
Updated on Aug 10, 2024 08:01 PM IST
Uday Kotak praises Nirmala Sitharaman's Budget: ‘Well thought out, smartly…’
Budget 2024: Uday Kotak praises Nirmala Sitharaman's Budget 2024 for fiscal discipline and support to MSMEs
Updated on Jul 24, 2024 11:03 AM IST
Kotak Mahindra Bank Q1 25 results: Net profit soars 81%, interest income up 21%
Q1 Results Today: Kotak Mahindra bank sees an 81% rise in net profit, a 21% rise in interest income along with a 26.5% increase in total expenditure.
Updated on Jul 20, 2024 03:13 PM IST
Q1 results: HDFC Bank, Kotak Mahindra Bank, YES Bank, JK Cement, ICRA, Poonawala
Around ten companies are slated to release their Q1 earnings today, with four banks in the list.
Published on Jul 20, 2024 10:57 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Hindenburg shared Adani report with client two months before publishing it: Sebi
Hindenburg Research shared the Adani report with New York-based hedge fund manager Mark Kingdon two months before publishing it, according to Sebi
Published on Jul 07, 2024 05:35 PM IST
PTI |
Personal loan interest rates increase after RBI sees them riskier: See new rates
The RBI deeming personal loans riskier resulted in the lending rates of private sector banks increasing by 30-50 basis points.
Published on Jun 29, 2024 07:09 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Kotak Mahindra Bank to add up to 200 branches in FY25: Official
In April, the Reserve Bank of India (RBI) stopped Kotak from adding new customers via its online and mobile banking channels, and from issuing new credit cards.
Published on Jun 24, 2024 11:19 AM IST
Reuters |
Kotak Mahindra Bank share price gains over 4% after Q4 results: Should you buy?
Kotak Mahindra Bank share price: The stock rallied 4.2% to ₹1,612.30 apiece on the BSE after reporting better than expected Q4 results.
Updated on May 06, 2024 11:04 AM IST
Jefferies upgrades Kotak Mahindra Bank's share price target: 5 reasons why
Kotak Mahindra Bank share price: Jefferies said, “We upgrade Kotak to Overweight following supportive valuations post recent RBI actions."
Published on May 06, 2024 08:36 AM IST
RBI curbs to impact Kotak Mahindra's FY25 profit by up to ₹450 crore: CEO
Ashok Vaswani, Kotak Mahindra's MD and CEO, emphasised that the financial impact of the RBI's action on the private lender's business was “minimum."
Published on May 05, 2024 08:51 AM IST
HT News Desk, New Delhi
Kotak Bank Q4 results: Sees 18% rise in profit at ₹4,133 cr
Kotak Mahindra Bank reports 18% growth in Q4 net profit, total income rises significantly for FY 2023-24
Updated on May 04, 2024 04:36 PM IST
PTI |
Kotak Mahindra Bank shares fall 4% to fresh 52-week low
Kotak Mahindra Bank share price: RBI restricted the bank from onboarding new customers through online and mobile banking channels.
Updated on May 02, 2024 12:49 PM IST
KVS Manian steps down as Joint Managing Director of Kotak Mahindra Bank
Krishnan Venkat Subramanian resigned on Tuesday as the Joint Managing Director of Kotak Mahindra with immediate effect.
Published on Apr 30, 2024 11:39 PM IST
ANI |
Ashneer Grover mocks Kotak Mahindra Bank: ‘LOL! Banks se tech nahi ho rahi’
Ashneer Grover's tweet against Kotak Mahindra Bank comes after RBI said that the bank's IT system has been facing issues in the past two years.
Published on Apr 26, 2024 10:47 AM IST
Uday Kotak loses $1.3 billion after RBI's Kotak Mahindra Bank order
The Reserve Bank of India cited governance and risk issues about Kotak Mahindra Bank's technology systems as reasons behind its ban.
Updated on Apr 26, 2024 10:06 AM IST
REFILE-India's Kotak Mahindra plunges about 10% after ban on adding new clients digitally
KOTAK MAHINDRA BANK-CENBANK/STOCKS (CORRECTED, PIX):REFILE-India's Kotak Mahindra plunges about 10% after ban on adding new clients digitally
Published on Apr 25, 2024 10:52 AM IST
Reuters |
Kotak Mahindra Bank share price falls more than 11% following RBI order
Kotak Mahindra Bank shares closed at ₹1630, a 11.56% decline over the previous close
Updated on Apr 25, 2024 04:01 PM IST
Kotak Mahindra Bank cannot add new customers: Is your money in the bank safe?
Kotak Mahindra Bank: RBI's order means that Kotak Mahindra Bank cannot onboard new customers or issue fresh credit cards. What changes for existing customers?
Updated on Apr 25, 2024 11:32 AM IST
Why Kotak Mahindra Bank faces strict RBI curbs: How does it affect you?
Kotak Mahindra Bank News: RBI bars Kotak Mahindra from issuing credit cards, onboarding customers online or via mobile channels.
Updated on Apr 24, 2024 05:01 PM IST
Kotak Mahindra Bank barred by RBI from adding new customers online or via mobile
Kotak Mahindra Bank faces RBI action: The bank was assessed to be deficient in IT Risk and Information Security Governance for two consecutive years, RBI said.
Updated on Apr 24, 2024 05:15 PM IST
‘Kotak was a start-up in 1985’: Uday Kotak reflects on ‘middle-class’ beginning
Uday Kotak said that he sees the company as his family, adding, “It is like a joint family.
Updated on Mar 22, 2024 12:24 PM IST
New CEO Vaswani rejigs top leadership at Kotak Mahindra Bank
Devang Gheewalla is the new CFO, while Milind Nagnur is the COO.
Published on Feb 19, 2024 08:15 PM IST
PTI |
‘Challenge now is how to scale, and for relevance’: New Kotak Mahindra CEO
Vaswani, who succeeded Kotak Mahindra Bank founder Uday Kotak as its MD and CEO, took charge earlier this month.
Updated on Jan 21, 2024 04:09 AM IST
HT News Desk, New Delhi
Kotak Mahindra Bank Q3 results: Net profit rises 6.75% to ₹4,265 cr
Kotak Mahindra Bank Q3 results: Kotak Mahindra Bank's standalone profit rises to ₹3,005.01 crore.
Published on Jan 20, 2024 02:09 PM IST
PTI | | Posted by Singh Rahul Sunilkumar
Kotak Mahindra Bank partners with IITK to launch Kotak School of Sustainability
Kotak School of Sustainability is India's first fully integrated school of sustainability at IIT Kanpur funded by KMBL through its CSR program.
Published on Dec 15, 2023 01:14 PM IST
HT Education Desk, New Delhi
Who is Ashok Vaswani, new Kotak Mahindra Bank CEO? 5 things to know about him
Ashok Vaswani is currently the president of US-Israel fintech firm Pagaya Technologies. He has had a long career with Citigroup and Barclays.
Published on Oct 21, 2023 09:44 PM IST
RBI imposes penalties on ICICI Bank and Kotak Mahindra Bank for non-compliance
RBI imposes penalty on ICICI Bank, Kotak Mahindra Bank for violation of norms.
Published on Oct 17, 2023 05:23 PM IST
PTI | | Posted by Singh Rahul Sunilkumar
Markets rebound in early trade amid firm trends at Wall Street, buying in Kotak Bank
Markets rebound in early trade amid firm trends at Wall Street, buying in Kotak Bank
Updated on May 06, 2024 10:07 AM IST
PTI |
Uday Kotak resigns: From aspiring cricketer to richest banker – the journey
Uday Kotak announced his resignation from the role of managing director and CEO of Kotak Mahindra Bank on Saturday.
Published on Sep 03, 2023 02:00 PM IST
Uday Kotak steps down as MD & CEO of Kotak Mahindra Bank
As an interim arrangement, the Group will be headed by Dipak Gupta, who led the bank as the joint managing director since 2012.
Published on Sep 02, 2023 03:30 PM IST