Page 3 - Kotak Mahindra

Kotak Mahindra Bank's loan, deposit growth may be impacted after RBI curbs

The regulator put restrictions on the bank citing gaps in the IT systems which the lender failed to address

Kotak Alternate Asset Managers raises Rs 2,000 cr to invest in equities

The fund aims to solve the challenge of building and maintaining equity portfolios amid the difficulties faced by investors due to the market volatalities

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

Kotak Life Insurance launches non-linked par product Kotak G.A.I.N

Private sector life insurer Kotak Life Insurance on Tuesday launched a non-linked participating product Kotak G.A.I.N which offers long-term saving or income

Kotak Mahindra Bank appoints Anupam Kaura as chief human resources officer

Kaura, who joins the private sector lender from Crisil's London office, has been appointed to "spearhead organisational transformation", according to a statement

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

Prioritise life coverage, financial aims when delving into ULIP investments

Term plan plus MF combo offers greater flexibility and liquidity

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

Kotak Mahindra Life Insurance launch TULIP, combination of term, ULIP

Since it is a ULIP plan, customers have 8 fund options to choose from to invest their money

Kotak Mahindra appoints Eli Leenaars as additional and independent director

With 35 years of experience in the financial sector, Eli Leenaars' new appointment will take effect from January 1, 2024

Kotak Mutual Fund hires Harish Bihani, two other fund managers

Two fund managers have left Kotak Mahindra AMC recently - Pankaj Tibrewal and Harish Krishnan. However, two more fund managers will soon join its team, the company said

Zurich Insurance to pick 51% stake in Kotak Gen Insurance for Rs 4,051 cr

Plans to increase stake to 70% within three years

Zurich Insurance to buy 51% stake in Kotak Mahindra General Insurance

Further, within three years from the initial acquisition, Zurich Insurance Company Ltd will buy an additional 19% stake in the Kotak Mahindra General Insurance Company Ltd

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

The RBI has approved the appointment of Vaswani as the Bank's MD and CEO for a three-year period from date of taking charge which shall not be later than January 1, 2024

RBI okays appointment of Dipak Gupta as interim MD of Kotak Mahindra Bank

RBI through its letter dated September 7, 2023, approved Gupta's appointment for a period of two months with effect from September 2, 2023, Kotak Mahindra Bank said in a BSE filing

Sale of high-value policies picked up from mid-Mar: Kotak Life Insurance MD

With the financial year (FY23) having drawn to a close, Mahesh Balasubramanian, Managing Director, Kotak Life Insurance, spoke to Subrata Panda on a range of topics

Kotak Mahindra Bank jumps 5% to Rs 1,847.60 after FPI room increases

Analysts said, the higher legroom will lead to an increase in the lender's weight in the MSCI India index, purchases worth close to a billion dollars of its stock

Special Situations Fund: Kotak Mahindra Bank arm raises $1.25 billion

The overall targeted amount for the second fund, which will be domiciled in the GIFT City, is $1.6 billion

Mamaearth parent files papers for IPO, co-founders to dilute stake

Honasa Consumer was valued at $1.2 bn in January, making it the first unicorn of 2022

2023 likely to be a flattish year for Indian equities: Kotak Securities

Kotak Securities sees Nifty50 at 18,385; rising FD rates could attract investment