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Latest Articles in kotak mahindra bank

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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Kotak Mahindra Bank Shares Gain Over 2 % After Q4 Earnings

Keeping the same in mind, the bank has consciously reduced its exposure to retail unsecured lending over FY21, and it now contributes only 5.8 per cent of the overall book as against 7.5 per cent in the year-ago period.

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Kotak Mahindra Bank Q4 Profit Rises 36 % To Rs 2,589 Cr

The Supreme Court vacated the stay on NPA recognition and granted relief for interest on interest. The bank has created a liability of Rs 110 crore towards estimated interest relief and has reduced the same from interest earned.

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Kotak Mahindra Life Appoints Mahesh Balasubramanian As MD

The company is in receipt of approval from the Insurance Regulatory Development Authority of India for the appointment of Balasubramanian, KLI said in a regulatory filing.

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Bank CEOs Not To Get Extension Beyond 15 Years: RBI To Banks

The RBI had issued a discussion paper in June 2020 that proposed capping the tenure of bank CEOs who are promoters or large shareholders at 10 years.

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Northern Arc Raises Rs 40 Cr Debt From Kotak Mahindra Bank To Help Small Businesses

The transaction is part of the pandemic-response package of both these impact institutions and the debt is the latest in a series of sanctions received by Northern Arc from development finance institutions (DFIs).

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Kotak Mahindra Bank Wants To Be Challenger In Home Loan Mkt, Maintains Low Interest Rate

The interest rate is applicable for both home loans and balance transfer loans across loan amounts, it said, adding that the bank has attractive rates for both salaried and self-employed people.

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Capital Markets Engine For India's Growth, Says Uday Kotak

Those who had access to capital irrespective of sectors including stressed one were able to navigate and survive the turbulent time, Kotak who is also managing director of Kotak Mahindra Bank said at the CII Corporate Governance Summit.

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Allianz Partners With Kotak Investment Advisors To Invest In Private Credit Market

Allianz Investment Management (AIM) is responsible for steering the EUR 750 billion investment portfolio of Allianz insurance companies worldwide in the life/health as well as the property/casualty segment.

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ICICI Bank Cuts Home Loan Rate To 6.70 Per Cent

The new home loan rates are effective from March 5, the bank said, adding borrowers of up to Rs 75 lakh will get credit at 6.70 per cent, while those above that threshold will need to pay 6.75 per cent.

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Kotak Mahindra Bank Cuts Home Loan Rates To 6.65%

The move comes hours after home loan segment leader SBI cut its offering to 6.70 per cent. Home loan rates were already at a 15-year-low, as banks compete in a market with low credit demand.

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Equity indices close flat, Tata twins top gainer

Equity indices close flat, Tata twins top gainer

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Equity indices close in red, auto and financials dip

Equity indices close in red, auto and financials dip

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