![]() | Kotak Mahindra Bank, UAE's ADIA to invest USD 590 million in Indian office spacesKotak Investment Advisors said it has closed its 12th real estate fund by forming the USD 590 million platform with a wholly-owned subsidiary of ADIA, as per an official statement. |
![]() | Banks lending rates up, Kotak Mahindra Bank hikes deposit rateHours after RBI hiked rates at which it lends to commercial banks, the ICICI Bank, Bank of India and Federal Bank raised their EMIs on floating rate home loans with immediate effect. |
![]() | Loans set to get costlier as several banks raise MCLRSBI raised its MCLR by 10 basis points or 0.1 percentage point across all tenures, while the other three have raised it by 5 bps, or 0.05 percent across the board. |
![]() | MSME federation cautions members on relationship with Kotak Mahindra BankThe Federation alleges harassment of MSME borrowers who intend to switch to other banks, raising exorbitant demands for foreclosure charges, not releasing securities nor issuing clearances etc. |
![]() | GPay, PhonePe eating up bank business, warns Uday KotakHe said Indian bankers have been short-sighted on the payments business, leading to unified payments interface (UPI) payments being monopolised by the two major digital wallets. |
![]() | NCLAT rejects Kotak Bank's plea to set aside insolvency action against McNally Sayaji EngineeringThe NCLT order was challenged by Kotak Mahindra Bank and a director of the suspended board of MSEL before the appellate insolvency tribunal NCLAT. |
![]() | LIC to up stake in Kotak Mahindra Bank to nearly 10 per centLIC will raise its stake in private sector lender Kotak Mahindra Bank to nearly 10 per cent, after receiving grant of approval from the RBI. |
![]() | Kotak Mahindra Bank, PVR launch co-branded debit cardThe partners, which had first launched co-branded credit cards ten years ago, are seeking to leverage on the rise in usage of debit cards in the aftermath of the coronavirus pandemic. |
![]() | Kotak Mahindra Bank profit falls seven per cent to Rs 2,032 croreNet interest income (NII ) for the bank rose 3% YoY to Rs 4,021 crore from Rs 3,897 crore in the same quarter last year. |
![]() | Kotak Mahindra Bank reports 7 per cent fall in September quarter profit at Rs 2,032 croreTotal income during July-September period of 2021-22, however, grew to Rs 8,408.87 crore, as against Rs 8,252.71 crore during the same period in 2020-21. |
![]() | SBI no longer in list of top 10 most valued Indian companiesKotak Mahindra Bank has replaced the largest state owned bank State Bank of India in the list of the country’s 10 most valued companies in the aftermath of a series of banking frauds and NPAs. |
![]() | Kotak Mahindra Bank fires Kerala employee over comments on Kathua rape victimNandukumar, posted as assistant manager at a branch in Kochi, allegedly justified the killing of the eight-year-old rape victim, saying she would have grown up to be a terrorist. |
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