Page 3 - Kotak Mahindra Bank

Here's a curated basket of bank, NBFC must have stocks for your portfolio

Banks are well positioned to outperform, supported by robust balance sheets and the ability to navigate macro economic uncertainties, said a report from Motilal Oswal Securities

Corrections help adjust stretched equity valuations: Oisharya Das

Business sentiment has been impacted by global uncertainties and a minor macro slowdown in India

Kotak Mahindra Bank's shares rise nearly 5%, touch 41-month high

Lathia's appointment is part of Kotak's strategic efforts to strengthen its leadership and drive growth through innovation, the bank said in a statement

Kotak Mahindra Bank appoints Bhavnish Lathia as Chief Technology Officer

The post fell vacant following resignation of Milind Nagnur, effective February 15, who was the chief operating officer and chief technology officer, due to personal reasons

India should focus on controlling current account deficit: Uday Kotak

Domestic competitiveness will 'ultimately' determine progress in that task, he says

Buy & Sell: Top picks by Ruchit Jain of Motilal Oswal for February 20

UPL stock has recently given a breakout from a long consolidation phase and the declines post the breakout has seen strong buying interest

Uday Kotak expresses concern on excessive financialisation, protectionism

He emphasized the need for India to improve productivity, avoid excessive protectionism and increase manufacturing as a percentage of GDP

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024

RBI lifts restrictions on Kotak Mahindra Bank on onboarding new customers

In April last year, the RBI placed restrictions on the bank as it failed to plug gaps in its information technology (IT) systems

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

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

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

HDFC Bank, Hindustan Unilever squeeze amidst middle class struggles

HDFC Bank and Kotak Mahindra Bank are expected to report increases in bad loans, which should lead to higher provisions and weigh on quarterly profit

CS Setty, Uday Kotak nominated as governing council members of NIIFTL

Finance minister Nirmala Sitharaman is the chairperson of the six member council and secretaries of department of economic affairs and financial services are the other members

Jefferies sees rate cuts in India in 2025; ups HDFC, ICICI Bk target price

Bank stocks today: Jefferies has retained its 'Buy' ratings on Axis Bank, ICICI Bank, HDFC Bank, and SBI, It has upgraded Kotak Bank and downgraded Bank of Baroda

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

Indian banks' microfin loan stress to persist after new regulation: Bankers

Last month, in its latest move, the RBI asked lenders to stop issuing new microfinance loans to borrowers unless they have cleared previous loans, three of the bankers said

Maroon 5's first India show: Pre-sale tickets for Kotak users starts 6 Nov

Kotak has rolled out a special offer of 15% discount up to Rs 4,000 for Kotak White and White Reserve Credit Card customers.

Market Today: Q2 nos., China lowers lending rates, S&P 500 & Dow at record

China lowered its key benchmark lending rates by 25 basis points in the monthly fixing. The People's Bank of China (PBOC) reduced the 1-year loan prime rate (LPR) to 3.1% and the 5-year LPR to 3.6%

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 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