kotak mahindra bank - Latest News, Analysis, Opinion

Senior citizens will be benefitted with a 7.60 per cent interest for deposit amounts of up to Rs 2 crore in 12 months to 2 years tenor

Kotak Mahindra Launches Kotak Banking & Financial Services Fund

The company underlines the investment objective of this sectoral fund as the long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related securities of companies engaged in the banking and financial services sector

Kotak Mahindra Bank Posts 17% Growth In Profit After Tax To Rs 3,995 Crore In Q3

Companies & Markets

The Bank's total income went up 30.43 per cent to Rs 18,481.46 crore in the reviewed quarter, against Rs 14,169.14 in the year-ago period, however, Bank's operating expenses rose 25.33 per cent to Rs 5,371.32 crore in the reviewed quarter (October-December) from Rs 4,285.57 crore in the corresponding period during the previous year

India To Surpass Japan, Germany To Become World’s Third-largest Economy By 2027: Kotak Report

Suchita Sail

India will soon surpass Japan and Germany and will have the world’s third largest economy by 2027, end of this decade the Outlook Market 2023 report said

Government Cash Balances To Remain Robust, Says Kotak

The report stated that the system liquidity tightened more than Kotak's expectations amid CRR build-up and minimal government spending

China Plus One Strategy, PLI Scheme To Give Structural Push To Manufacturing Sector: Report

Capacity utilisation is now at 17 quarter high comparable to the pre-pandemic levels. Capex to depreciation ratio for all non-financial listed firms is almost at a historically low level, as per the report

Banking On Technology For Financial Inclusion

Rohit Chintapali

The breakout success of fintechs more recently brought upon the realisation amongst the largest banks of the country that working towards financial inclusion backed by technology is the only way to survive and thrive in the era of ‘digital’

Kotak Mahindra Bank Ties Up With Actyv.ai

KMBL (Kotak Mahindra Bank Limited) will provide short-term finance under the ‘Buy Now, Pay Later’ category for working capital needs of dealers

COP27 Missed Breakthroughs On Emission Reduction, Climate Finance, Says Kotak

Sustainability

To pursue low-carbon development strategies, India will require significant investments, the pace of which will largely hinge on the easy availability of climate finance

‘Techies At Banks Get Satisfaction Of Having End-to-end Ownership’

Rohit Chintapali

Being a tall leader in financial services, Kotak Mahindra Bank has fast become a preferred choice as an employer for techies under the able leadership of its President & Chief Technology Officer, Milind Nagnur

Kotak Mahindra Bank Rules Out Uday Kotak's Son As New Boss: Report

KVS Manian, the firm’s whole-time director in an interview, denied Jay Kotak taking over as the bank’s next chief adding that Jay is still young and would have to work his way up on merit

Kotak Mahindra Bank's Q2 Consolidated Profit Up 21% At Rs 3,608 Cr

Banking & Finance Banking

The private player's net interest income (NII) for Q2FY23 increased to Rs 5,099 crore, from Rs 4,021 crore in Q2FY22

External Sector To Dominate India’s Macro Outlook: Kotak

The bank in a report said that over the medium term, markets will evaluate the extent of growth recovery, success in capping inflation pressures and managing twin deficits

Deposits Slowing Across Markets, Says Kotak Mahindra Bank