Kotak Bank: Latest News and Updates, Top Stories, Videos, Photos About Kotak Bank

Largecap Alert! Kotak Bank In Focus: Should You Buy This Private Bank Stock After Top Management Rejigs?

Leading private sector lender, Kotak Mahindra Bank has come into focus for a host of reasons. Firstly, the lender has rejigged its top management, and secondly, its board of directors are scheduled to meet on February 22 to consider Perpetual Non-Cumulative ...

Uday Kotak's Exit Aftermath: Meet Ashok Vaswani The New MD & CEO Of Kotak Mahindra Bank

Kotak Mahindra Bank has a new chief in command after its founder Uday Kotak stepped away from his role as Managing Director and CEO. On October 21st, Kotak Mahindra Bank announced that the Reserve Bank of India (RBI) has approved the ...

ICICI Bank, Kotak Bank Q2 Results: Analytic Views On These 2 Private Banks Earnings; Stocks In Focus

Two leading private sector banks, Kotak Mahindra Bank and ICICI Bank will be in focus on Monday's trading session as the share prices of these behemoths will react to their Q2 earnings which was announced last week. Both banks have recorded ...

Kotak Bank Shares Tumble 4% Despite 67% YoY Growth In Q1 PAT; Should You Buy Or Sell?

Private sector lender, Kotak Mahindra Bank's share price nosedived by more than 4% on Monday despite the lender posting 67% YoY growth in Q1 net profit for FY24. The bank's earnings came in better than expected across key metrics, however, asset ...

Kotak Mahindra Bank Declares Dividend of Rs 1.50/Share, Reports 28% Jump In PAT YOY

Kotak Mahindra posted a strong performance for the quarter ended March 31, 2023, above the estimates of the industry. The bank's profit after tax (PAT) for FY23 increased to Rs 10,939 crore from Rs 8,573 crore in FY22, up 28 per ...

What To Expect From Kotak Mahindra Bank Q4 FY23 Results, A Preview

One of the largest private lender Kotak Mahindra Bank is slated to release its Q4FY 23 numbers on April 29, 2023. Market analysts are estimating that the bank will report high double-digit growth in net interest income for the quarter ended ...

'Kotak Bank' Has Small Exposure To Adani; Issues Afflicting Group More Valuations-Oriented

Private sector lender Kotak Mahindra Bank has a "small exposure" to the embattled Adani Group which has been made in line with its credit philosophy, a senior official has said. Paritosh Kashyap, president and head for wholesale banking at Kotak Mahindra ...

Diwali Muhurat Trading 2022: Top 5 Gainers And Losers

Share markets remained upbeat on the festival of Diwali and the start of Samvat 2079. BSE Sensex gained 524 points to close at 59831 and NSE Nifty gained 154 points high to close at 17730 on Monday, October 24, 2022. ...

Kotak Mahindra Bank Alters FD Rates, Check New Rates Here

Fixed deposits continue to be the most common option for risk-averse persons when it comes to investment and long-term savings plans. Following the Reserve Bank of India's (RBI) increase in the repo rate on August 5, the majority of banks have ...

Federal Bank Calls Reports Of Merger With Kotak As “Speculative”

Federal Bank denied reports of a likely merger with Kotak Mahindra Bank and termed news reports "speculative." There was news in the media section about the merger of the leading private sector lenders, Kotak and Federal Bank. "We wish to clarify ...

Kotak, Axis Acquire Nearly 8 Pc, Stake Each In ONDC

Kotak Mahindra Bank and Axis Bank have acquired 7.84 per cent stake each in the open public digital infrastructure framework entity ONDC. Both the banks have invested Rs 10 crore each in the entity. "Kotak Mahindra Bank has subscribed ...

Kotak Mahindra Bank Hikes Interest Rates On Long Term Deposits By 5 Bps

Kotak Mahindra Bank, a private sector lender, has raised interest rates on long-term deposits of three years or more but less than five years. Previously, as of January 27th, 2022, the bank was offering an interest rate of 5.40 percent on ...

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