Page 11 - Kotak Mahindra Bank

Kotak Mahindra Bank's consolidated net profit rises 36% in Q4FY21

The lender's NII grew by 8% in Q4FY21 to Rs 3,843 crore, from Rs 3,560 crore in Q4FY20

Eight of top-10 most valued firms add cumulatively over Rs 1.2 trn in m-cap

The valuation of TCS jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore

Stock markets start new fiscal on a high, Sensex reclaims 50,000-level

IndusInd Bank, Kotak Mahindra Bank, ICICI Bank, Sun Pharma, Bajaj Finance, and UltraTech Cement were prominent gainers

Kotak Investment, Allianz Group tie-up for India's private credit market

Allianz's total private credit investments in the country is worth about $650 million and it is looking to increase it to $1 billion in 2021

Kotak Investment, Allianz tie up for investing in Indian pvt credit market

In February 2021, Allianz made its maiden credit investment of $150 mn in KIAL's eleventh Real Estate Debt Fund that achieved a closure of $380 mn

HDFC Bank, Kotak Mahindra Bank to pick up 9.99% stake each in Ferbine

Tata group floats a company for retail payment systems biz

Kotak Mahindra Bank Q3 consolidated net up 11% at Rs 2,602 cr on robust NII

Asset quality improves both YoY and sequentially; bank has also granted one-time recast of borrowers under RBI resolution framework, amounting to 0.28 per cent of its net advances

On the road to recovery: Marquee companies raise advance tax payment

Larsen & Toubro (L&T), state-owned heavyweight Indian Oil Corporation (IOC), IT major Infosys, Tech Mahindra, and private banks ICICI Bank and Kotak Mahindra Bank led the table

RBI gives Uday Kotak another three years as MD of Kotak Mahindra Bank

The regulator has also cleared re-appointments of Prakash Apte as part-time chairman, and Dipak Gupta as joint managing director

RBI restricts Kotak Mahindra Bank from paying dividend on PNCP shares

The restriction on dividend distribution also applies to PNCPs, the RBI informed the bank in a communication.

Market capitalisation of 8 of top-10 most valued firms zooms Rs 1.9 trn

Bajaj Finance emerged as the biggest gainer, reflecting bullish investor sentiment

12 firms to be part of MSCI India index in latest rejig; Bosch, LIC out

The changes in constituents for the MSCI global standard indices will take place as of the close of November 30, 2020

Firms finding it hard to balance ESG with profits, says Eugene Fama

Fama, known for his empirical work on portfolio theory, asset pricing, and the efficient-market hypothesis, was speaking to Uday Kotak, managing director and CEO of Kotak Mahindra Bank

Nine of top 10 most valued firms lose Rs 1.63 trn in m-cap; RIL most hit

Reliance Industries Ltd's, the most valued firm, valuation tanked by Rs 39,355.06 crore to Rs 13,89,159.20 crore

Kotak Mahindra Bank's consolidated PAT up 22% in Q2 to Rs 2,947 cr

Net interest income up 16.8% YoY to Rs 3,913 crore in the reporting quarter, net interest margin 4.52%

IndusInd Bank soars 4% on takeover buzz; promoters call rumor 'baseless'

According to a Bloomberg report, Uday Kotak, founder and chief executive officer (CEO) of Kotak Mahindra Bank, is looking at the possibility of an all-stock acquisition of IndusInd Bank

Top headlines: SAT clearing more cases in Covid; auto firms witness growth

From SAT clearing more cases now than before Covid-19 pandemic to new takers for RBI's debt restructuring scheme, here are top headlines this morning

Kotak Mahindra Bank explores acquisition of IndusInd Bank

Kotak says no comments to offer; IndusInd CEO says promoters have denied the deal

Govt extends term of Uday Kotak as non-exec IL&FS chairman by another year

The government through a gazatte notification extended term of Kotak, who is managing director and chief executive officer of Kotak Mahindra Bank, till October 2, 2021

8 of top-10 valued firms lose Rs 1.11 trn in m-cap; ICICI, RIL worst hit

Tata Consultancy Services and HDFC Bank were the only gainers among the 10 most valued listed firms