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3 mins read
India’s growth story more promising than other EMs, says market veteran Nilesh Shah
Nilesh Shah, MD & CEO at Kotak Mahindra AMC highlights how the Indian economy has turned attractive…
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…
3 mins read
Nifty Bank index up over 11% so far this year, BoB outperforms index
Nifty Bank, which is comprised of the most liquid and large capitalised Indian banking stocks, is u…
1 min read
LIC to raise stake in Kotak Mahindra Bank to nearly 10%
The hike in stake by LIC is subject to RBI's master directions on prior approval for acquisiti…
PTI
1 min read
Sensex gains 339 points in early trade on mixed global cues
Equity benchmark indices rebounded on Friday early trade after four days of decline with the Sensex…
PTI
1 min read
Sensex sinks by 400 points in early trade on weak global cues
Benchmark indices opened the trade on a weak note on Friday, with the sensex falling nearly 400 poi…
PTI
1 min read
Sequoia Capital-backed Indigo Paints gets green light from SEBI for ₹1,000 crore IPO
Indigo Paints, which filed its preliminary IPO papers with Sebi in November, obtained its observ…
PTI
2 mins read
ICICI Bank best performer in banking with 42% returns in FY22
Its market capitalization ranking within the BFSI space has improved to two from five in FY18. S…
1 min read
9 out of 20 Asia-Pacific bank's market cap declined due to COVID-19 including Kotak Mahindra, HDFC Bank
In December 2021, S&P Global Ratings said Asia-Pacific markets, particularly in Southe…
1 min read
Sensex jumps over 400 points in early trade; Nifty tests 17,000 — Tata Steel, Kotak Bank, Axis Bank, Maruti, IndusInd Bank and SBI top gainers
In the previous session, the 30-share equity benchmark ended 949.32 points or 1.65 per cen…
PTI
4 mins read
Indian lenders like SBI, Axis Bank and others need $20 billion in capital— most of it will go into filling up NPA holes
Unwilling to take risks and facing rating downgrades, India’s banks, including the biggest State Ba…
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, …
PTI
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…
7 mins read
Sensex, Nifty50 drop 1% dragged down by banking, financial services and realty stocks
India’s benchmark indices Sensex and Nifty50 slumped lower for second consecutive session with 1% e…
3 mins read
Kotak Mahindra Bank surges 10% on earnings upgrades and potential MSCI inclusion
Kotak Mahindra Bank’s share price has skyrocketed by 10% on the back of bullish commentary and targ…
2 mins read
ADIA commits $500 mn to Kotak Investment Advisors’ $1 bn real estate fund
Kotak Investment Advisors secured an anchor commitment of $500 million from the Abu Dhabi Investmen…
2 mins read
Kotak Mahindra Bank saw rise in loans under moratorium but it isn't the worst hit
Kotak Mahindra Bank’s profit dipped by over 8% this quarter as compared to last year and its asset …
3 mins read
IndusInd Bank surges over 4% after RBI committee proposes to increase the cap on promoter stake in private sector banks
IndusInd Bank’s shares are up over 4% after the Reserve Bank of India’s (RBI) Internal Working Grou…
1 min read
SoftBank-backed Ola reportedly picks Citigroup and Kotak Mahindra for its $1 billion IPO
India’s Uber-rival Ola has picked up banks to manage its share sale to the public, as per a media r…
2 mins read
Delhi shuts down 400 government-run vaccination centres as stocks dry up for 18-44 age group
At a time when vaccines are necessary to fight the Covid-19 pandemic, people between 18-44 age grou…