Page 9 of Kotak Mahindra Bank News
With the demand for credit being fairly robust, Shanti Ekambaram, director, Kotak Mahindra Bank (KMB), believes that the system credit…
The news report also said the RBI is reviewing whether stakes that the banking group holds in the insurance units…
The only place on the projects side where one sees some growth is infrastructure because the government is spending a…
Bank to maintain 18% loan growth & manage credit costs in FY24-25
Kotak Bank’s net profit in Q1FY24 surpasssed the Bloomberg’s estimation and stood at Rs 3,452 crore. Brokerages largely recommended a…
Kotak’s net interest income, the difference between interest earned and paid out, increased 33% to 62.34 billion rupees.
Kotak Bank stock has shown an improvement in the bias and sentiment with the price moving above the significant 200…
Kotak Mahindra Bank customers can select from seven RuPay Credit Cards to use seamlessly on UPI, the bank said in…
Kotak Mahindra Bank is currently evaluating whether to accept green deposits, says group president and consumer banking head Virat Diwanji.…
“We are bullish on the automotive sector and consequently the growth prospects of the auto-component industry,” KSSF’s chief executive Eshwar…
Kotak Strategic Situations India Fund II (KSSF) and Kotak Private Credit Fund (KPCF) will be investing Rs 582 crore and…
Credit and finance for MSMEs: Once customers avail ActivMoney feature in their savings account, it automatically transfers the amount –…
The default minimum threshold over which surplus funds earn a fixed deposit interest rate is Rs 25,000 for savings account,…
In addition to this, the bank is also focussing on expanding its credit card customer base in non-metro cities and…
Backed by Asia’s richest banker Uday Kotak, the early-stage negotiations value the Indian company at around $800 million, and Zurich…
Customers using Kotak Myntra Credit Card will get an instant discount of up to Rs 750 on every purchase on…
Kotak Mahindra Bank has re-domiciled Alchemy India Long Term Fund to India’s GIFT City from Mauritius.
As on March 31, unsecured retail advances stood at 10% of overall advances. The bank intends to take the unsecured…