Kotak Mahindra Bank

Quick commerce a challenge to retailers, will become political issue, says Kotak founder

Kotak also pitched for an increase in the defence budget, saying it is strength on this front that shows the true prowess of a country.

14 November 2024, 09:56 IST

Quick commerce a challenge to retailers, will become political issue, says Kotak founder

14 November 2024, 09:56 IST

Banks' microfinance loan stress to persist after new, informal regulation, bankers say

The default rates in microfinance loans -- collateral-free loans to those with annual income of up to Rs 3 lakh -- had already jumped, as evidenced in the July-September results of IndusInd Bank, Kotak Mahindra Bank, RBL Bank and Bandhan Bank.

08 November 2024, 08:31 IST

Banks' microfinance loan stress to persist after new, informal regulation, bankers say

08 November 2024, 08:31 IST

Kotak Mahindra Bank shares slump nearly 7%; market valuation erodes by Rs 24,801.79 crore

The stock tumbled 6.63 per cent to Rs 1,743 apiece on the BSE after a weak beginning to the trade.

21 October 2024, 06:28 IST

Kotak Mahindra Bank shares slump nearly 7%; market valuation erodes by Rs 24,801.79 crore

21 October 2024, 06:28 IST

Kotak Mahindra Bank Q2 profit rises 5% to Rs 3,344 cr

The private sector lender had recorded a net profit of Rs 3,191 crore in the same quarter a year ago.

19 October 2024, 09:56 IST

Kotak Mahindra Bank Q2 profit rises 5% to Rs 3,344 cr

19 October 2024, 09:56 IST

Congress questions logic of overall taxes on gold being effectively halved

The opposition party's remarks came after Kotak Mahindra AMC Managing Director and CEO Nilesh Shah reportedly urged Union Finance Minister Nirmala Sitharaman to keep a watchful eye on any surge in India's gold import bill in the wake of the customs duty cut.

27 July 2024, 10:42 IST

Congress questions logic of overall taxes on gold being effectively halved

27 July 2024, 10:42 IST

Kotak Mahindra Bank shares drop over 3%; mcap declines by Rs 12,852 crore

The bank's stock declined 3.30 per cent to finish at Rs 1,761.70 on the BSE. During the day, it tanked 4 per cent to Rs 1,748.85.

22 July 2024, 12:31 IST

Kotak Mahindra Bank shares drop over 3%; mcap declines by Rs 12,852 crore

22 July 2024, 12:31 IST

Kotak Mahindra Bank Q1 profit rises 2% to Rs 3,520 cr

The private sector lender had posted a net profit of Rs 3,452 crore in the same quarter of the previous fiscal year.

20 July 2024, 12:35 IST

Kotak Mahindra Bank Q1 profit rises 2% to Rs 3,520 cr

20 July 2024, 12:35 IST

Kotak Mahindra Bank's Q1 net profit jumps 81% in April-June

The private lender's standalone net profit, excluding subsidiaries, rose to Rs 6.25 thousand crore ($747 million) in the fiscal first quarter, from Rs 3.452 thousand crore rupees in the same period last year.

20 July 2024, 10:26 IST

Kotak Mahindra Bank's Q1 net profit jumps 81% in April-June

20 July 2024, 10:26 IST

Adani will rejoice as inquiry turns to billionaire banker Uday Kotak

Ordered by the SC to probe the allegations of price manipulation and accounting fraud against Adani, Sebi has stumbled upon a connection between last year’s $150 billion meltdown in the conglomerate’s stocks and Uday Kotak, a billionaire Mumbai financier.

04 July 2024, 05:54 IST

Adani will rejoice as inquiry turns to billionaire banker Uday Kotak

04 July 2024, 05:54 IST

Kotak Mahindra Bank shares decline over 2%; mcap erodes by Rs 7,777 cr

The stock went lower by 2.16 per cent to settle at Rs 1,769.60 apiece on the BSE. During the day, it tumbled 3.98 per cent to Rs 1,736.65.

02 July 2024, 13:28 IST

Kotak Mahindra Bank shares decline over 2%; mcap erodes by Rs 7,777 cr

02 July 2024, 13:28 IST