Kotak Mahindra Bank

Glitch, wrong messages send Kotak Mahindra Bank users into a tizzy

When contacted, a Kotak Mahindra Bank spokesperson told this publication that the issue has been resolved and that it was not widespread.

published on : 9th March 2021

ICICI Bank cuts home loan rate to 6.70 per cent

The second largest private sector lender said the interest rate offering, which is valid till March 31, is the lowest in a decade.

published on : 5th March 2021

Kotak Mahindra Bank​ to handle salary account of Indian army personnel

Kotak said in a release that 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.

published on : 5th March 2021

Kotak Mahindra Bank divests 10 per cent stake in ECA Trading Services to its arm

Kotak said that the divestment was done to comply with prudential limit stipulated by the Reserve Bank of India on investment in a non-financial services entity.

published on : 5th March 2021

HDFC cuts rates, offers home loans now at 6.75 per cent

For the existing customers, the interest rates will get repriced 0.05 per cent automatically on the existing interest rates.

published on : 4th March 2021

Kotak Mahindra Bank MD Uday Kotak takes first jab of COVID-19 vaccine

Prime Minister Narendra Modi too took his first shot of vaccine, Bharat Biotech's Covaxin, on Monday.

published on : 2nd March 2021

PSU banks’ divestment will consolidate sector

Kotak was speaking with TNIE Editorial Director Prabhu Chawla during e-expressions, a TNIE series of live web casts with people who matter.

published on : 5th February 2021

Kotak Mahindra Bank Q3 net up 11 per cent at Rs 2,602 crore

In a call with the media after the results, the Kotak management said the provisions would take care of the risks that the bank anticipates right now.

published on : 26th January 2021

Telangana High Court stays proceedings against Uday Kotak

The court took into cognisance a complaint filed by Bharat Kumar of Universal Packers and Movers alleging that Magma Fincorp and Kotak bank have cheated him.

published on : 22nd December 2020

Kotak Mahindra Bank Q2 net jumps 27 per cent to Rs 2,184 crore

Provisions and contingencies fell 9.6 percent to Rs 368.59 crore compared to year-ago period, while the sequential fall was 61.7 percent.

published on : 27th October 2020

Buying cos an objective of recent capital-raising move: Kotak Mahindra Bank amid IndusInd Bank merger buzz

There were reports of KMB exploring an all-stock merger with IndusInd Bank late Sunday evening.

published on : 26th October 2020

SBI no longer in list of top 10 most valued Indian companies

Kotak 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.

published on : 17th April 2018

Kotak Mahindra Bank fires Kerala employee over comments on Kathua rape victim

Nandukumar, 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.

published on : 13th April 2018