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Latest Articles in kotak mahindra bank

Kotak Mahindra Bank To Buy Out Partner Old Mutual For Rs 1292

Private sector lender Kotak Mahindra Bank announced that it is buying out British partner Old Mutual's entire 26 per cent stake in its life insurance arm for Rs 1,292.7 crore

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Kotak Mahindra Q4 Net Profit Beats Estimates; Bad Loans Tick Up

Net profit rose to Rs 9.76 billion ($152.3 million) for the three months to March 31, from Rs 6.96 billion a year earlier

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BFSI: Money Purse

Financial companies are strategically focussing on tier-2 and tier-3 cities

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Digital-only Banking Makes A Start

Kotak Mahindra Bank’s 811 account promises to re-invent digital banking for the masses to drive financial inclusion and at zero cost

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Kotak Mahindra Seeks Major Fundraising Amid Deal Speculation

Kotak Mahindra Bank Ltd said on Thursday it planned to sell up to 62 million shares worth as much as Rs 5,320 crore at current market valuations, to fund potential acquisitions in the sector among other things

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Kotak Bank Launches Scheme To Double Customers To 16 Million

Private sector lender Kotak Mahindra Bank on Wednesday said it is aiming to double its customer base over the next 18 months, primarily through digital account opening from the present 8 million

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What Is Up Uday Kotak’s Sleeve?

The banker has called for a press conference on Wednesday at 3 pm fueling speculation that Kotak Mahindra Bank is likely to make an acquisition announcement

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Canadian Pension Funds Buy Kotak Mahindra Bank Stake Worth $338 Million

Caisse de depot et placement du Quebec, Canada's second-biggest public pension fund, bought 18.4 million shares in the bank in a block deal at 817 rupees apiece

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Setting High Standards

After spearheading investment banking to numero uno spot, Shanti Ekambaram brings immense energy to Kotak Mahindra Bank’s retail banking division

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Airtel Rolls Out Payments Bank, To Invest Rs 3,000 Crore

Finance Minister Arun Jaitley on Thursday inaugurated Airtel Payments Bank of Bharti Enterprises, which is being rolled out across the country with an investment of Rs 3,000 crore

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Bharti Airtel To Spend $441 Million To Set Up Payments Bank

Several of Bharti's competitors have also received payments bank licenses, including Reliance Industries, which has entered the country's telecoms sector through unit Jio, as well as Vodafone Group Plc and Idea Cellular

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Alibaba Enters Into Agreements For TFC Program In India

The proposed TFC program would allow SMEs avail special benefits, dedicated support and customised value-added services, besides providing dedicated facilities

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Kotak Mahindra Bank Q1 Net Jumps Fourfold To Rs 741 Crore

Total income has increased to Rs 5,120.03 crore for the quarter ended June 2016 from Rs 4,583.86 crore a year ago

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Kotak Mahindra Bank: A Matter Of Principal

Kotak believes in playing big innings, whether acquiring an insurance space, or expanding its portfolio

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Kotak Mahindra, Canada Fund To Invest $525 Million In Stressed Assets

CPPIB and the Indian financial services conglomerate, along with its asset reconstruction arm, Phoenix ARC, plan to invest in asset sales by banks

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