Page 12 of Kotak Mahindra Bank News
The main drivers of this faster growth are personal and business loans and consumer durables funding along with credit cards.
Under the Covid resolution framework, the bank had a standard restructured fund-based outstanding of Rs379 crore, amounting to 0.14% of…
Growth picked up in Q1; stress pool is likely to subside; HDFC Bank, IIB, SBI and Axis Bank are the…
With this, the bank has acquired 25,000 customers with a total credit outstanding of around Rs 582 crore.
Kotak Mahindra Bank stock has been upgraded by analysts at Goldman Sachs to a ‘Buy’ rating from the ‘Neutral’ tag…
Indian equity markets are likely to extend gains on Tuesday. Ahead of the session, SGX Nifty was up in the…
Both banks were issued notices asking them to show cause as to why penalties should not be imposed on them.
The RBI said a penalty of Rs 1 crore has been imposed on IndusInd Bank for non-compliance with certain Know…
Kotak Investment Advisors said it has closed its 12th real estate fund by forming the USD 590 million platform with…
The bank has hiked its one-year MCLR by 20 bps to 7.85%, as per information on the bank’s website.
The platform will provide investment solutions ranging from stocks, bonds, mutual funds, fixed deposits and national pension scheme to progressive…
According to analysts who attended the investor call, KMB added nearly four million customers through 811 in FY22, taking the…
NSE Nifty 50 index has been consolidating in a broader range i.e. 15,800-16,400 for the last 2 weeks and trading…
Kotak Private is a comprehensive platform covering the entire gamut of solutions for ultra-high net worth individuals (UHNI) and high…
Markets are expected to see a pullback this week after a sharp correction in last few trading sessions on account…
Lower provisions drove net income; deposit growth was below par; FY23e EPS down 6%; target price cut to Rs 1,935
KMB’s NII — the difference between interest earned and interest expended — rose 18% y-o-y to Rs 4,521 crore, and…
The lender had reported a standalone PAT (Profit After Tax) of Rs 1,682 crore in the year-ago period.