Page 8 - Kotak Mahindra Bank

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

M&A recovery: Kotak Mahindra Bank plans to hire 20 investment bankers

The firm is looking to fill positions from analyst to director levels across sectors including financial services, health care and technology

RBI's e-rupee pilot takes off; Day 1 bond trade deals hit Rs 275 crore

SBI, BoB hammer out first gilt deal using digital rupee; 48 transactions carried out

Kotak Mahindra Bank may get added to FTSE index in March semi-annual recast

Sustained selling by FPIs increases investment legroom to 22% at the end of September 2022 quarter

Sensex snaps 7-day winning run, falls 288 pts; RIL slips 1.5%, Nestle 3%

CLOSING BELL: The top drags were Nestle, Bajaj Finserv, HUL, Kotak Bank, RIL, HDFC, Bajaj Finance, Asian Paints, and IndusInd Bank as they fell in the range of 1 per cent to 3 per cent

Stocks to watch: RIL, HUL, ICICI Bank, RBL Bank, IGL, Borosil Renewables

Stocks to watch today: Reliance Industries flat net profit at Rs 13,656 crore in Q2FY23; Chennai Petroleum will post Q2FY23 results on Tuesday, October 25

Kotak Mahindra Bank's consolidated net profit rises 20.7% in Q2FY23

NII of the lender grew 26.8 per cent YoY to Rs 5,099 crore during this period and net interest margin, a measure of profitability of banks, stood at 5.17 per cent

State Bank of India, IDBI Bank hike retail fixed deposit rates

For 1 year to less than 2 years, SBI is offering 6.10% as compared to 5.60% earlier

Stocks to Watch: IndusInd Bank, Delhivery, Tracxn, Shoppers Stop, ITC, NLC

Stocks to watch today: Tracxn Technologies will make its debut on the bourses Thursday. As per IPO Watch, it may see a muted listing with flat to a negative discount. The issue price is Rs 80 a share

Uday Kotak, Asia's richest banker, weighs $1-bn real estate fund: Report

Kotak Investment plans to complete the fundraising by the end of this year and to embark on its investment in 2023, focusing on residential property in India's top five cities

Infosys, Kotak Mahindra Bank, Maruti Suzuki among top buys for MFs in Sept

Besides Maruti Suzuki, domestic funds added Hero Motocorp while they trimmed positions in Tata Motors, Ashok Leyland and TVS Motors

Banks jump on the ONDC bandwagon to draw synergy from the network

Nine banks have picked up stake in the Open Network for Digital Commerce (ONDC) network

Credit card spends touch all-time high of Rs 1.16 trillion in July

Spends have topped Rs 1 trillion level for five consecutive months now

SAT quashes NSE order against Kotak Mahindra Bank in share pledging case

Says stock exchange only has jurisdiction over trading members and cannot issue directions to other entities

Street Signs: Cement back in vogue, brokerages go slow on ads, and more

The domestic broking industry has seen a sharp decline in new account openings in the past two months

India at 75: Munjals to Mahindras - 20 visionary industrialists of India

In the decades since Independence, the enterprises steered by these business leaders have morphed into giants. Here's a look at 20 visionary industrialists of India

Kotak arm to raise up to Rs 1,500 crore to invest in PE, VC funds

Kotak Investment Advisors (KIAL) said it is launching the Kotak India Alternate Allocation Fund (KIAAF), a 'fund of funds'

Sensex falls 306 pts; Nifty holds 16,600; Zomato cracks 11%, RIL 3%

CLOSING BELL: Among sectors, the Nifty Auto fell 1.7 per cent, while the Nifty Metal added 1.5 per cent