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7 mins read
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
6 mins read
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
4 mins read
Hindenburg shared the Adani report with its client Mark Kingdon two months before publishing it: Sebi
Hindenburg Research shared Adani report with Mark Kingdon two months earlier, according to the SEBI…
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…
5 mins read
The CEO who believes that there’s a lot more to digitise at banks
the new CEO of Kotak Mahindra Bank Ashok Vaswani thinks that a lot more technology can be deployed …
2 mins read
ESAF Small Finance Bank IPO subscribed 73x as QIBs rush in
The ₹463 crore ESAF Small Finance Bank’s initial public offer (IPO) was subscribed 8.3 times at the…
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…
2 mins read
Sensex jumps 418 pts to 6-month high on positive domestic macro data, firm global equities
Indian benchmark indexes, Sensex and Nifty, rose as investors remained optimistic about the global …
PTI
1 min read
Kotak Mahindra rolls out a lifestyle focused salary account
The account will be available to all corporates in India and will also come with a host of privileg…
4 mins read
Indian banks’ decade-best metrics and subdued valuations make them a compelling buy: Bernstein
Indian banks just reported a stellar December quarter driven by healthy growth in margins, loans an…
3 mins read
Kotak Mahindra Bank still on ‘alert’ as profit improves 27% over the last three months
Kotak Mahindra Bank (KMB) is still on ‘alert’ as it recovers from the COVID-19 impact. In the three…
1 min read
Private lenders led by HDFC Bank occupy lion’s share of TV news space
Mumbai (Maharashtra) [India], Indian private sector lenders have been more vocal in their comments …
ANI
2 mins read
Kotak’s superapp for investments hopes to gain one million users by end of the year
Kotak Mahindra Bank today unveiled a new superapp for investments called Kotak Cherry. The new serv…
2 mins read
Banks aggressively garnering funds via CDs, FDs amid firm credit off take
The rising demand for credit in last couple of days has prompted banks to garner funds aggressively…
2 mins read
Credit Suisse's troubles unlikely to impact India's banking system say experts
India's banking system is expected to remain unscathed from the troubles in Credit Suisse as it has…
PTI
2 mins read
Uday Kotak says Kotak Mahindra Bank 'needs to be clear on lending' as profits dip by 10% in Q4
Kotak Mahindra Bank reported a 10% decline in consolidated net profit at ₹1,951.82 crore for the fo…
3 mins read
Kotak Mahindra Bank's earnings may reflect the pain in India’s auto sector as well as the rising job losses and pay cuts
The coronavirus lockdown in India has had a severe impact on banks and Kotak Mahindra Bank is no …
1 min read
Google disables RCS ads functionality in India after brands abuse the feature against users consent
Last month, multiple users took to social media platforms that RCS ads in Google Messages appear to…
5 mins read
Not just LIC, 32 mutual fund houses have exposure to Adani Group stocks
A Value Research report shows that 32 asset management companies have exposure to the group comp…
2 mins read
Even with global turmoil in financial markets, macro factors turning better for India: Uday Kotak
Kotak Mahindra Bank CEO Uday Kotak said on Thursday said that with macro factors turning positive, …