Page 13 - Kotak Mahindra Bank

Kotak Bank profit before tax slips 10.6% at Rs 2,674 cr for March 2020 qtr

Profit down due to Covid provisioning and lower other income

Blue-chip stocks account for more than 90% of Udhhav Thackeray's portfolio

The affidavit on the election commission website was filed as part of his nomination for the Legislative Council election

BofA turns bearish on Indian banks; SBI, ICICI Bank, IndusInd downgraded

SBI, ICICI Bank, IndusInd downgraded; only HDFC Bank in 'buy' category

Indices keep rising on stimulus package hopes; IT, bank stocks spurt

The Sensex surged 483.53 points or 1.54% to close at 31,863.08, a six-week high. The Nifty advanced 126.60 points, or 1.38%, to settle at 9,313.90

Kotak Mahindra Bank to consider raising equity capital

On a standalone basis, as of December quarter, the lender had a capital adequacy ratio of 18.2 per cent, with tier 1 capital at 17.7 per cent. The regulatory requirement is at 11.07 per cent

Kotak Bank leadership team takes 15% pay cut for the financial year 2020-21

Uday Kotak, managing director and chief executive officer of the bank opted to forgo his salary, and will receive Re 1, the statement said

Kotak Mahindra Bank deposits grow 20% YoY to Rs 2.59 trillion in Q4

On a sequential basis, the deposit base has grown 12 per cent over December 2019

Markets slump 4% as investors sentiment remain sombre due to coronavirus

Indian indices fall 4%; gloom prevails in other global markets also after Trump's dire warning

Most private banks choose 'opt-in' option on loan repayment moratorium

Largest private sector lender HDFC Bank said it would encourage customers with adequate funds to continue repayments to avoid the extra interest charges and tenor extension of the loan

Eight of top-10 companies witness combined loss of Rs 3.63 trn in m-cap

Valuation of Reliance Industries Ltd (RIL) eroded by Rs 54,961.45 crore to Rs 6,46,732.07 crore and that of HDFC dropped by Rs 54,479.15 crore to Rs 3,03,722.13 crore.

Bank Nifty crashes 7% to 3-year low over rising Coronavirus pandemic

The fall in banking stocks has a huge bearing on the overall markets as the sector has the high­est weighting in the bench­mark indices

YES Bank gets Rs 3,100-cr lifeline from pvt lenders; moratorium to go soon

The YES Bank reconstruction plan will include an equity investment of at least Rs 11,350 crore from various entities, including multiple private lenders.

YES Bank's Reconstruction Scheme: The story so far

Hours after the Cabinet approved restructuring scheme for YES Bank, private lenders ICICI Bank, HDFC, Kotak Mahindra Bank and Axis Bank came to the cash-strapped bank's rescue

Kotak Mahindra Bank promoters get RBI nod to cap voting rights, pare stake

Promoters' voting rights would stand curtailed to 20% until March, and reduce further to 15% from April

Kotak: Risk capital key to high growth

Kotak said India lacks risk capital, and access to such capital will not come easily unless lenders, savers and investors trust firms

RBI accepts Kotak Bank promoters' plan to cap voting rights, reduce stake

Private lender withdraws writ petition from Bombay High Court

Top 10 business headlines: Economic survey to be tabled in Parliament

From India Inc preparations for Brexit to Rahul Bajaj stepping down from executive role, Business Standard brings you the top 10 headlines for the day

Kotak Mahindra Bank Q3 consolidated PBT rises 6.3%

One-time pension charge, higher provisioning impact profits

Ahead of Budget, Mutual funds' exposure to banks, financials sees a rise

The value of MF holdings in in ICICI Bank increased by Rs 2,900 crore in December

Nearly 70 senior bankers in race to head debt-ridden Laxmi Vilas Bank

The Chennai-headquartered mid-sized private sector bank has been headless since mid-September after the then chief executive Parathasarathy Mukherjee left before the completion of his three-year term