The board has decided to allot 58,37,945 lakh shares of face value Rs 10 at a price of Rs 1,390
Higher provision and lower trading gains result in net falling 21.6% to Rs 1,012 crore
Plans to open another 170 more ultra small branches to take its tally to 400 by March 2013
Says banks need to have a 'sinking fund' to ensure payment in case of a default
This will make loans including home and corporate cheaper for borrowers
Q3 net profits fall on higher provisions
Q3 net profits fall on higher provisions
With this acquisition, Kotak will have 6,000 customers with total loans outstanding of about Rs 700 crore
With this acquisition, Kotak will have 6,000 customers with total loans outstanding of about Rs 700 crore
The revised base rate will be effective from today