Kotak Mahindra Bank

Nifty Bank index has corrected 16 per cent since the start of the West Asia war on February 28, 2026

Kotak Mahindra Bank to absorb KMIL operations from April 2026, simplifying structure and aligning with Reserve Bank of India norms

The transaction involves the sale of a cumulative 30.99 per cent stake in Infina, an associate company of the bank, to multiple investors, the bank said in a regulatory filing

HDFC Bank, ICICI Bank and Kotak Mahindra Bank attract strong inflows from mutual funds in February, while fund houses trim exposure to SBI and other large-cap stocks

Lender is tightening its fee structure from April 1, raising debit card charges and introducing higher penalties for repeated auto-debit failures

The brokerage expects PSBs to continue growing well until the first half of FY27 (H1FY27), but said private sector banks (PVBs) could outperform thereafter

Kotak succeeds Hasmukh Adhia as non-executive chairman of Gujarat's IFSC hub, with appointment effective immediately

Kotak Mahindra Bank said CTO Bhavnish Lathia has resigned citing personal reasons and will step down in February 2026; Nilesh Chaudhari has been appointed his successor

The move follows Securities and Exchange Board of India operationalising a unified digital workflow in January 2026

The bank reported marginally higher provisions in Q3 at ₹810 crore, up 2 per cent YoY. However, sequentially, provisions of the lender was down 15 per cent

Q3FY26 company results: Firms including Chennai Petroleum Corporation, Shyam Metalics and Energy, IFB Industries, and SBFC Finance are also to release their October-December earnings reports today

Kotak Mahindra Bank marked three decades of listing on the NSE with a bell-ringing ceremony, underscoring its growth, scale and long-term commitment to India's financial markets

A stock split is a corporate action in which a company divides its existing shares into multiple shares, increasing the total share count while proportionately reducing the price

He will oversee consumer banking, marketing and data analytics at the bank

RBI's bank ownership policy has shifted towards regulated institutional investors, but over-reliance on foreign capital risks limiting India's credit growth and domestic banking depth

The last time the private-sector lender undertook a stock split was in September 2010

Initiative kickstarted with a Himalayan reinterpretation of Malaysian cuisine, masterfully crafted by Chefs Prateek Sadhu and Darren Teoh in the serene hills of Kasauli

Sensex Today | Stock Market close: In the broader market, the Nifty MidCap and the Nifty SmallCap index added 0.93 per cent and 0.82 per cent respectively

The bank's net interest income (NII) rose 4 per cent Y-o-Y to ₹7,311 crore, while other income declined 4 per cent to ₹2,589 crore

Q2FY26 company results: Many firms including 3p Land Holdings, Covance Softsol, Pace Digitek and Samsrita Labs are also to release their July-September quarter earnings reports today