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Kotak Mahindra Bank Ltd News

Kotak Bank acquires StanChart's Rs 3,330 crore personal loan portfolio

Open to buy loan pools that meet risk-adjusted return norms

Kotak Bank acquires StanChart's Rs 3,330 crore personal loan portfolio
Updated On : 23 Jan 2025 | 7:58 PM IST

Kotak Mahindra Bank Q3 results: Consolidated net up 10% at Rs 4,701 crore

Net interest income grew by 10 per cent Y-o-Y to Rs 7,196 crore, while fees and services for Q3FY25 also grew 10 per cent to 2,362 crore

Kotak Mahindra Bank Q3 results: Consolidated net up 10% at Rs 4,701 crore
Updated On : 18 Jan 2025 | 3:13 PM IST

Kotak Mahindra Bank CTO & COO Milind Nagnur resigns citing personal reasons

In his resignation letter, Nagnur stated that he intends to relocate to the United States to care for family members

Kotak Mahindra Bank CTO & COO Milind Nagnur resigns citing personal reasons
Updated On : 03 Jan 2025 | 9:41 PM IST

Kotak Mahindra Bank Q2 results: Consolidated PAT up 13% to Rs 5,044 crore

Other income or non-interest income went up to Rs 2,684.19 crore from Rs 2,314.53 crore. Fees and services for Q2FY25 increased to Rs 2,312 crore, up 14 per cent

Kotak Mahindra Bank Q2 results: Consolidated PAT up 13% to Rs 5,044 crore
Updated On : 19 Oct 2024 | 2:56 PM IST

Kotak Mahindra Bank to buy Rs 4.1K cr India personal loan book of StanC

This deal marks the second significant transaction between an Indian private sector bank and a foreign bank in recent years

Kotak Mahindra Bank to buy Rs 4.1K cr India personal loan book of StanC
Updated On : 18 Oct 2024 | 11:47 PM IST

Kotak Mahindra Bank to buy Standard Chartered's India personal loan book

Transaction is expected to be completed over next three months

Kotak Mahindra Bank to buy Standard Chartered's India personal loan book
Updated On : 18 Oct 2024 | 4:44 PM IST

Nomura cuts target prices for Axis Bank, SBI and BoB ahead of Fed meeting

Analysts at Nomura suggested that larger private banks are likely to experience a greater negative impact on their NIMs from the potential US Fed rate cuts compared to mid-sized & smaller banks.

Nomura cuts target prices for Axis Bank, SBI and BoB ahead of Fed meeting
Updated On : 10 Sep 2024 | 10:30 AM IST

SBI Card loses credit card market share in July; InCred retains 'Reduce'

InCred's target price translates into 30.7 per cent downside in the share price from previous close of Rs 721.15 per share.

SBI Card loses credit card market share in July; InCred retains 'Reduce'
Updated On : 30 Aug 2024 | 12:47 PM IST

Sonata Finance to merge with BSS Microfinance: Kotak Mahindra Bank

As per the scheme of amalgamation approved on Monday, Sonata would merge with BSS Microfinance Ltd on a going concern basis, Kotak Mahindra Bank said in a regulatory filing

Sonata Finance to merge with BSS Microfinance: Kotak Mahindra Bank
Updated On : 12 Aug 2024 | 9:17 PM IST