Page 5 - Kotak Mahindra Bank

Vishal Mega Mart said to pick Kotak, ICICI Bank for mega IPO: Report

Other banks are likely to be added to work on the IPO, the people said. The Gurugram-based company could raise between $850 million to $1 billion in the offering, they said

Businesses of saving planet, sustainability can prosper: Uday Kotak

Wish for India to see it in the third place in the next five years as an absolute GDP

Kotak Mahindra Bank acquires 100% stake in Sonata Finance for Rs 537 crore

Sonata is operating in 10 states through 549 branches and has an Asset Under Management (AUM) of approximately Rs. 2,620 crore as of December 31, 2023, the exchange notification said

RBI approves re-designation of Manian, Ekambaram of Kotak Mahindra Bank

Kotak Mahindra Bank had announced the reorganisation of its senior management team last month

Cross-check with multiple lenders for accurate valuation of gold loan

For fairer assessment, select a lender that uses an external assayer

Axis Bank set to tap infrastructure bond market after 2 years: Report

Infrastructure bonds are issued to finance long-term development projects

Angel One, Kotak Mahindra Bank arm executives to launch wealth mgmt biz

Srikanth Subramanian, the former chief executive of Kotak Cherry, will be the co-founder and chief executive of Angel One Wealth, an official statement said

Zurich Insurance to acquire 70% stake in Kotak General for Rs 5,560 crore

The proposed 70 per cent acquisition is subject to regulatory approval from the Reserve Bank of India and the Insurance Regulatory and Development Authority of India

Bank stocks outperform markets on Tuesday; HDFC Bank rises 2%; here's why

Shares of HDFC Bank gained 2 per cent to Rs 1,447.5 apiece in the intraday trade after global brokerage Citi gave a 'buy' rating

Kotak Mahindra Bank announces key changes to its leadership team

KVS Manian to be joint MD, Shanti Ekambaram Dy MD; new COO, group CFO & CRO appointed

Sensex slides 1,053 pts, Nifty ends below 21,250; ZEE plunges 31%, RIL 2%

Stock market highlights on Tuesday, January 23: The BSE MidCap and SmallCap indices fell nearly 3 per cent each. Sectorally, the Nifty Media index crashed 13 per cent

Kotak Mahindra's Q3 consolidated net up 6.76% at Rs 4,265 cr; NII jumps 16%

On a standalone basis, the net profit for the reporting period was up 7.62 per cent to Rs 3,005 crore, attributed to a sharp rise in provisions

Sajjan Jindal's JSW Cement begins talks with i-bankers for Rs 6k cr listing

The Sajjan Jindal-led JSW group is likely to list its cement business after the general elections

Bank FD rates soar: Right time for investors to secure peak returns

Small finance banks' FDs yield more than larger banks' offerings, but invest in them sparingly. Investors need to lock into current peak rates before they begin to decline

Ashok Vaswani takes charge as Kotak Mahindra Bank MD & CEO from January 1

Furthermore, C S Rajan, independent director, has assumed the office as the part-time chairman of the bank, with effect from January 1, 2024

Veteran banker Vaswani takes charge as Kotak Mahindra Bank's MD, CEO

He replaced Dipak Gupta, who was the interim MD and CEO, following founder director Uday Kotak stepping down as the head of the bank, effective September 1, 2023

India transforming from nation of savers to that of investors: Uday Kotak

India has transformed from being a nation of savers to investors and the tussle between the saver/borrower and issuer/investor model is underway

RBI approves CS Rajan's appointment as Kotak Mahindra Bank chairman

Rajan, an IAS officer of the 1978 batch, was appointed as an Independent Director on the Board of Kotak Mahindra Bank, with effect from October 22, 2022

Kotak Mahindra Bank shareholders approve Vaswani's appointment as MD & CEO

Reserve Bank of India cleared Vaswani's appointment as MD & CEO of the bank for a period of three years with the effect from the date of taking charge, which should not be later than 1 January 2024

Green shoots visible in corporate lending: Kotak Mahindra Bank director

The government focus on infrastructure development in the last three years has created space for capital expenditure by the private sector as well