Page 7 - Kotak Mahindra Bank

Kotak Mahindra Bank raises Rs 1,895 crore through infrastructure bonds

Gets bids worth Rs 3,605 cr

Kotak Mahindra Bank gets Rs 5,400 crore deposits in Rs 2,000 banknotes

The bank floated 'ActivMoney' feature for saving and current accounts and started the incorporation of Kotak Karma Foundation

Stellar show by banks, but will it continue?

There are challenges ahead. It won't be easy for the banking sector to put up a better performance every quarter

CPPIB sells 1.77% stake in Kotak Mahindra Bank; IEX shares slump 10%

Shares of Indian Energy Exchange (IEX) plunged more than 10% on Friday on fears that the implementation of 'market coupling' norms will make a dent into revenues

Bank of Maharashtra emerges as top performer in NPA management during FY23

The Pune-based state-owned lender was followed by HDFC Bank with net NPA falling to 0.27 per cent and Kotak Mahindra Bank clinching the third spot with 0.37 per cent of net advances

Kotak Mahindra Bank to be the biggest beneficiary of MSCI rejig

In a note, Nuvama Research. said that Kotak Mahindra Bank's weighting in the index has gone up by 135 basis points to 2.8 per cent

Multi-service platform ONDC beating Swiggy, Zomato: All you need to know

ONDC intends to bring the benefits of digitisation to millions of sellers and resellers in the country

Kotak Mahindra Bank Q4 consolidated net rises 17.3% to Rs 4,566 crore

Uday Kotak said the bank can grow on a sustainable basis at 1.5-2 times the nominal growth of the country's Gross Domestic Product (GDP) of 11-11.5 per cent

HAL, PFC lead race for MSCI index, Adani Total, Kotak Bank in focus too

Analysts predict both PSU stocks to rake in huge passive inflows; Adani Transmission and Indus Towers could get removed from index

Kotak Mahindra Bank to create vertical for mid-market firms

"The bank is also upping its focus on the structured finance offerings, whose contribution in the overall wholesale book is in low single-digits at present and growing the same"

Kotak Mahindra Bank takes corporate digital banking portal 'Kotak fyn' live

Portal will offer services across all products, including trade & services, account services, payments, and collections and make banking seamless for clients

Kotak Mahindra Bank added to FTSE index nine years after being removed

Move follows sustained dip in FPI holding in the counter; IDBI Bank, Patanjali among other stocks to get in

Kotak Bank arm raises $590 mn fund for data centre investments in India

Kotak Investment Advisors (KIA) said it plans to raise $800 million under the Kotak Data Centre Fund and this is the first close for the same, as per a statement

Kotak Mahindra Bank to acquire Sonata Finance for Rs 537 crore

The acquisition will be subject to regulatory approvals, including by the Reserve Bank of India (RBI)

Kotak Mahindra Bank, Central Bank of India revise interest rates

Kotak Mahindra Bank increased select deposit rates by up to 25 basis points

Foreign portfolio investor legroom gains for Kotak Mahindra Bank

During the quarter ended December 2022, the FPI holding in the private sector lender fell 1 basis points quarter-on-quarter to 39.26 per cent

Kotak Mahindra Bank's consolidated net profit rises 17% in Q3FY23

The lender's standalone net profit jumped 31% YoY in the October-December quarter

Biggest challenge is to get Centre, states work together: CII president

Bajaj said even in states where it is the same party ruling as the Centre, one doesn't see the same level of focus, energy and interest

Kotak Mahindra Bank arm to raise up to $1 billion for data centres

The firm did not reveal the fundraising plan, but sources said the lender planned to raise $500 mn-$1 billion

Kotak Mahindra increases 1-year MCLR rate by 10 bps, hikes for other tenors

For other tenor loans ranging from overnight to three year, the revised rates are in the range of 7.80-9.05%, according to Kotak