Kotak Mahindra Old Mutual Life Insurance is keen on growing at a significantly faster pace than the industry during the current financial year, managing director G Murlidhar said.
57-year-old Kotak is ranked 33rd in the Forbes list of 'Money Masters: The Most Powerful People In The Financial World' topped by Blackstone Group's CEO Stephen Schwarzman, who has a net worth of $10.2 billion and oversees as
Kotak Mahindra Bank shares gained as much as 2 per cent intraday on Wednesday after the bank reported 32 per cent rise in its standalone net profit figures at Rs 695.78 crore for the fourth quarter ended March 2016
Kotak Mahindra Bank Q4 results: Consolidated total income of the bank grew 28.16 per cent year-on-year to Rs 7,910.41 crore. It had registered a total income of Rs 6172.26 crore in the same quarter last year.
The benchmark BSE Sensex slid 8.69 per cent to 25,101.73 in the past one year till May 4 following uncertainty due to Chinese yuan devaluation and weak corporate earnings.
Banks should focus on recovery rather than "going after borrowers", eminent banker Uday Kotak said today, a day after embattled tycoon Vijay Mallya remarked that arresting him will not help banks recover any money.
Kotak Mahindra Bank is now working on developing a new mobile application that will exclusively cater to corporate clients, Deepak Sharma, executive vice-president Digital Initiatives, told FE.
Japanese multinational Sumitomo Mitsui Banking Corp today sold stake worth Rs 1,151.61 crore in Kotak Mahindra Bank through an open market transaction.
Kotak Mahindra Bank, the country's third-biggest bank by market capitalisation, has signed a share subscription and shareholders’ agreement with Bharti Airtel...
