Page 15 - Kotak Mahindra Bank

Kotak Mahindra Bank pips State Bank of India in market capitalisation

Kotak Mahindra Bank also, for the first, time has become the second-most valued bank in the country after HDFC Bank, which commands a market capitalisation of Rs 5.03 trn

Kotak Mahindra Bank Q2 net up 20% at Rs 1,441 cr

It had posted a consolidated net profit of Rs 1,202 crore in the July-September 2016 quarter.

Kotak Mahindra Bank Q1 consolidated profit up by 26% at Rs 1,347 crore

Consolidated net interest margin flat at 4.4%; gross non-performing asset ratio up slightly at 2.58%

Kotak Mahindra Bank, Tata Motors DVR shares on Sensex

The reconstitution of BSE indices will be effective from June 19

Kotak bank to raise Rs 5,662 cr via QIP, promoter stake to fall

RBI had asked Uday Kotak to reduce his stake in the bank to 30% by June 2017, 20% by Dec 2018

Kotak Bank gets shareholder nod to raise Rs 5,700 cr

Capital adequacy ratio will rise to about 20% after the capital raising

Kotak Mahindra Bank Q4 net profit up 33% at Rs 1,404 cr

Total income up at Rs 9,954 cr in Q4 from Rs 7,910 cr a year ago

Kotak Mahindra Bank to raise Rs 5,400 crore of equity

Funds to be deployed for consolidation opportunities and resolution of stressed assets

Kotak launches zero-charge digital bank account

Its aim is to double the customer base to 16 million over the next 18 months

Kotak Mahindra Bank launches 8-11 app to double customer base

Initiative allows one to open zero-balance, zero-charge a/c in 5 minutes using only Aadhar and PAN

Kotak Mahindra Bank seeks nod to raise foreign investment limit

Seeks to increase ceiling to up to 49% of paid up capital

Kotak Mahindra Bank Q3 net profit up 34% to Rs 1,267 crore

Total income rose to Rs 7,670 cr during the quarter from Rs 6,950 cr a year ago

Two Kotak Mahindra Bank customers arrested

Two persons were arrested by the Crime Branch of the Delhi Police for depositing black money worth Rs 34 crore at a Kotak Mahindra Bank branch in New Delhi

Kotak Mahindra Bank, Canara Bank cut base rates

This, two days after RBI cut the repo rate by 25 basis points

Kotak Mahindra Bank acquires BSS Microfinance

This acquisition will allow Kotak to tap the lower end of the customer base

Kotak Mahindra launches app to open accounts

For the first time a domestic lender has come up with such facility where a customer can open a bank account using its application

CPPIB gets RBI nod to hike stake in Kotak Mahindra Bank

Has received apex bank approval to increase stake beyond 5% to 10% in Kotak Mahindra Bank

Kotak Bank starts Innovation Lab, open to investing in startups

A bulk of the startups are Bengaluru-based, while two are from the US and Australia

Kotak Mahindra Bank to raise Rs 5,000 crore

The plan is within the bank's Rs 50,000 crore borrowing limit approved last year

Kotak Mahindra Bank Q1 net rises 291% to Rs 742 cr

Management says bank returning to its former efficiency parameters