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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…

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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…

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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 …

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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…

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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   


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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…

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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…

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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   


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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…

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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…

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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…

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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   


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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…

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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, …

PTI   


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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…

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Retail inflation eases to 3-month low of 5.1% in January, IIP grows 3.8% in December

Retail inflation eased to a three-month low of 5.1% in January mainly on account of lower food pric…

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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…

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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 …

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Dalal Street trades flat as Kotak, RIL drag

​​The Nifty and Sensex - India's benchmark indices - are trading have recovered a bit and are tradi…

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Retail inflation inches to 4-month high in Dec; IIP growth slips to 8-month low in Nov

Retail inflation inched up marginally to a four-month high of 5.69% in December 2023, mainly on acc…