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3 mins read
Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO
Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…
2 mins read
RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P
Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…
PTI
2 mins read
Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action
At the NSE, it tumbled 13 per cent to the 52-week low of Rs 1,602. The company's market ca…
PTI
1 min read
RBI bars Kotak Mahindra Bank from onboarding new customers via online, issuing fresh credit cards
"Serious deficiencies and non-compliances were observed in the areas of IT inventory management…
PTI
1 min read
Too many regulatory guardrails could impede growth rate: Uday Kotak
Veteran banker Uday Kotak on Tuesday said that too much regulatory guardrails could impede economi…
PTI
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
2 mins read
Market Morning: Sensex, Nifty off to a slow start, LTIM, Kotak bank take lead in early trade
Nifty auto, FMCG, pharma, metal, PSU bank, realty and healthcare were in red, while financial servi…
2 mins read
Closing Call : Banking sector in action, Axis, HDFC, ICICI biggest gainers during the day
Out of the 2,771 stocks traded on NSE during the day, 1,112 saw advances and 1,574 stocks declined.…
1 min read
Kotak Mahindra Bank shares climb nearly 5% after Q4 earnings
It emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms. Kotak Mahindra …
PTI
1 min read
Kotak Mahindra Bank shares decline over 4%; hit 52-week low
At the NSE, it went lower by 4.40 per cent to Rs 1,552.40 -- the 52-week low. Manian, who …
PTI
3 mins read
Ashok Vaswani is new CEO of Kotak Mahindra Bank
In what is a generational shift, Kotak Mahindra Bank on Saturday said that Ashok Vaswani would st…
1 min read
Kotak Bank gets RBI nod for acquisition of microlender Sonata Finance
Kotak Mahindra Bank on Friday said the Reserve Bank has given approval for its Rs 537-crore acquis…
PTI
3 mins read
Season of deals: Diwali shopping offers on credit cards
As the festival of light approaches, most of us get into a spending mode. Whether it is gifts or pe…
3 mins read
Markets extend gains for 5th session; Sensex revisits 74k
Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim…
PTI
1 min read
Markets decline in early trade; Kotak Mahindra Bank tanks over 12%
Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak Mahin…
PTI
2 mins read
Prestige group raises ₹2,001 cr from ADIA, Kotak AIF to fund expansion
Realty firm Prestige Estates Projects Ltd has raised Rs 2,001 crore from Abu Dhabi Investment Autho…
PTI
5 mins read
SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3
India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…
5 mins read
A tale of three banks: The outperformer, the attractive and the high-valued
India’s private sector banks have been having a dream run at the stock markets thanks to lowering d…
5 mins read
Boom2Bust: Retail investors to face the brunt as small and midcap corrections wipe out billions of dollars
The mid- and small-cap retail investors seem star-crossed at the moment as the markets continue to …