Tag: Kotak Mahindra Bank
17 Results
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Kotak Mahindra Bank customers can update address via DigiLocker
Now customers with the bank can be instantly updated their correspondence address on net banking through DigiLocker.
June 1, 2021 -
Kotak Mahindra Bank shares gain over 2 pc after Q4 earnings
The stock jumped 2.13 per cent to Rs 1,761.20 on the BSE.
May 4, 2021 -
Kotak Mahindra Bank, Indian Army signs MoU to handle salary accounts of army personnel
The benefits will also include offer special education benefit for children and additional girl child benefit by covering dependent children of up to 22 years in the event of an accident claim by the salary account holder.
March 5, 2021 -
Kotak Mahindra Bank divests 10% stake in ECA Trading Services for nearly Rs 2 crore
The holding of the bank at the consolidated level continues to be 20 per cent.
March 5, 2021 -
Kotak Mahindra, SBI cuts home loan rates. Check latest rates here
State Bank of India (SBI) has cut its offering on this segment to 6.70 per cent.
March 2, 2021 -
Kotak Mahindra Bank’s Q3 profit rises 16%
On a consolidated basis, the bank's profit increased by 11 per cent to Rs 2,602 crore as compared to Rs 2,349 crore in the same period a year ago.
January 26, 2021 -
Kotak Mahindra Bank’s net profit rise 27% to Rs 2,184 crore
On a consolidated basis, the bank said the net profit rose by 22.4 per cent to Rs 2,946.62 crore during Q2FY21 as against Rs 2,407.25 crore a year ago.
October 26, 2020 -
Kotak Mahindra Bank stocks end over 2% lower after Q1 results
The stock fell 2.03 per cent to Rs 1,322.45 per share on the BSE and on the NSE it 2 per cent lower at Rs 1,322.50.
July 27, 2020 -
Kotak Mahindra Bank net profit down 8.5 pc at Rs 1,244.5 cr in Jun qtr
The bank had posted a net profit of Rs 1,360.20 crore in the year-ago period.
July 27, 2020 -
Uday Kotak’s position most impacted if RBI’s plan to cap CEOs tenure is implemented
Uday Kotak is one of the few longest-serving CEOs in the private sector banking space, helming Kotak Mahindra Bank since 2003.
June 13, 2020 -
Uday Kotak replaces Vikram Kirloskar, takes charge as CII President
T V Narendran, CEO and MD of Tata Steel, has been appointed as the President-Designate of CII for 2020-21.
June 3, 2020 -
Kotak Mahindra Bank shares jump 6% after Uday Kotak plans to offload stakes worth over Rs 6,800 cr
In January, the bank said the RBI had agreed to its proposal to reduce promoters' stake to 26 per cent from then 29.9 per cent over the next six months, which is June.
June 2, 2020 -
Uday Kotak to divest its stake in bank worth over Rs 6,800 crore
The sale will help Uday to bring down his stake in the country's fourth largest private sector lender to the RBI-mandated 26 per cent.
June 2, 2020 -
Kotak Mahindra Bank to raise up to Rs 7,500 crore via QIP
On Tuesday, bank’s shares ended at Rs 1,152.45, down 0.67% on the BSE.
May 26, 2020 -
Kotak Mahindra Bank declares 10 pc pay cut for staff with over Rs 25 lakh annual salary
The unemployment rate in India touched 27 per cent in the week to May 3, according to think-tank CMIE.
May 7, 2020 -
Kotak Mahindra Bank, CEO commit Rs 50 cr to PM-CARES Fund
The bank has also separately committed Rs 10 crore for the cause to the Chief Minister of Maharashtra.
March 30, 2020 -
Unmanned ATMs vulnerable to hacking, customers nervous
It was spotted that the ATMs of banks such as the ICCI in New Market area and Kotak Mahindra Bank in Elgin Road, continue to remain unmanned with no survelliance whatsoever.
November 22, 2019