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Latest Articles in kotak mahindra bank

IndiGo, Kotak Mahindra Bank Tie Up For Co-Branded Credit Card Ka-Ching

This collaboration will create value for customers in the form of a powerful product proposition offering a premium rewards experience to customers

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Kotak Mahindra Bank Launches Attractive Festive Offers

The fourth edition of their campaign Khushiyon ka Season provides over 2,000 offers to the customers.

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Want To Pay Taxes Through Your Bank? Here Are Details

Kotak Mahindra Bank became the first scheduled private bank to be allowed by the government to collect direct and indirect taxes from the customers.

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Govt Extends Uday Kotak''s Term As IL&FS Chairman By 6 Months

The government through a gazette notification extended the term of Kotak, who is also the managing director and chief executive officer of Kotak Mahindra Bank, till April 2, 2022.

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SBI, BoB, Kotak Bank's Festive Bonanza For Loan Seekers As They Offer Record Low Rates

The offers are aimed to make home loans and car loans more affordable in the festive season.

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Kotak Mahindra Group Acquires Vehicle Fin Portfolio Of Volkswagen Finance

Kotak will gain access to over 30,000 high-quality customers with a total loan outstanding with VWFPL of around Rs 1,340 crore, the statement said, adding all these loans have been classified as “standard loans”.

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Kotak Arm Invests Rs 1,000 Cr In TVS Family''s Logistics Biz

The fund is registered as an alternate investment fund with the Sebi and currently manages a USD 1 billion fund with a mandate to invest in special situations, credit and distressed space domestically.

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Sebi Restricts Kotak Mahindra From Initiating Fixed Maturity Plans, Imposes Rs 50 Lakh Fine

A Sebi investigation revealed that the asset manager did not pay the full value of the six FMPs which matured in April and May 2019. Talking about the FMPs, they are close-ended debt mutual funds with launch and maturity dates. FMPs invest in debt papers that mature before the tenure of the fund expires.

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Be Upfront In Recognising Stress, Don't Kick Can Down The Road: Uday Kotak To Banks

The comments come at a time when the pandemic has triggered concerns around the asset quality, but the RBI has expressed some relief after seeing lower than expected impairments.

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Kotak Mahindra Bank Posts Nearly 32% Rise In Apr-Jun Profit To Rs 1,641 Cr

The bank had posted a net profit of Rs 1,244.45 crore in the same quarter of the previous fiscal year.

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Mcap Of 6 Of Top-10 Firms Erode By Rs 76,640.54 Cr; HDFC Bank Biggest Laggard

HDFC's market valuation plunged Rs 9,543.39 crore to Rs 4,48,566.27 crore and that of Kotak Mahindra Bank dipped Rs 5,392.88 crore to Rs 3,41,634.86 crore.

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Kotak Subsidiary To Acquire Nearly 10% Stake In Financial E-Learning, Stock Analytics Firm KIPL

KIPL has three brands under its fold -- eLearnMarkets for financial education training, StockEdge which is into data analytics for stock markets, and StockEdge Club which is a social marketplace for investors and traders.

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Kotak Mahindra Life Insurance Arm Expects To Incur Up To Rs 275 Cr Loss In Jun Qtr

Kotak Mahindra Life Insurance Company said the foregoing extraordinary development and its potential impact were discussed at a meeting of its board on June 16, 2021.

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RBI's Moves Nuanced, Address Both Economic And Public Health Concerns: Bankers

SFBs will now be permitted to give fresh lending to smaller micro-finance institutions (MFIs) with asset size of up to Rs 500 crore for on-lending to individual borrowers as priority sector lending.

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Kotak Mahindra Bank Shares Close Flat

The stock jumped 2.30 per cent to Rs 1,764.10 on the BSE during the day. It closed at Rs 1,732.15, reflecting a marginal gain of 0.46 per cent.

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