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Kotak Mahindra Bank News
Kotak Mahindra Bank
This bank is the new gamechanger in Indian banking system! You should buy the stock, expert explains why
Fri, Mar 22, 2019
Chokkalingam G, Founder and Managing Director at Equinomics said that, Karnataka Bank has now become among one of the 'high conviction' stocks.
Stock Market Bulls! From TCS, Kotak Bank, ONGC, Infosys, SBI to Bajaj: 10 stocks that made people rich today and how
Fri, Mar 15, 2019
The Sensex on Friday hit a six-month high, surging over 260 points to reclaim the 38,000-mark.
Bombay HC to hear Kotak Mahindra plea on promoter-shareholding norms
Tue, Mar 12, 2019
The Bombay High Court will take up for hearing the writ petition by private sector lender Kotak Mahindra Bank on the issue of promoter-shareholding norms by the Reserve Bank of India
Good news for MSMEs! This private bank becomes first to join psbloansin59minutes.com, offer Rs 1 crore loan in 59 minutes
Mon, Mar 11, 2019
Kotak Mahindra has become the first private sector lender to join the platform psbloansin59minutes.com.
RBI-Kotak stand-off: Review panel for ownership norms among key proposals
Sun, Mar 10, 2019
Other proposals relate to individual cases including granting more time and more possible routes to meet the norms, unlike the review panel one which would have wider ramifications for the entire sector, the source added.
RBI slaps penalties on HDFC, Kotak Mahindra Bank, Allahabad Bank and Bank of Maharashtra
Wed, Feb 13, 2019
The RBI on Tuesday said it has imposed penalties on seven lenders, including HDFC, Kotak Mahindra Bank, Allahabad Bank and Bank of Maharashtra for violation of various banking norms.
Reliance, TCS gain big as eight of top 10 companies add Rs 53,741 crore in m-cap
Sun, Feb 10, 2019
Only ITC and HDFC from the top-10 list suffered losses in their market capitalisation (m-cap) for the week ended Friday. Others in the gainers list included HDFC Bank, Hindustan Unilever Ltd (HUL), Infosys, SBI, Kotak Mahindra Bank Ltd and ICICI Bank.
Kotak Mahindra Bank vs RBI: Misses stake cut deadline! Will Uday Kotak blink?
Tue, Jan 01, 2019
There is not much impact seen on the KMB share price today as it is trading gradually lower by 0.50% at Rs 1,248.05 per piece at around 1034 hours.
Market Opening: Sensex rises 200 pts, Nifty by 60 pts on the last day of 2018
Mon, Dec 31, 2018
Bank Nifty opened in the green at Rs 27,260, up by 135 points. Crude was stable and closed at $52.25 per barrel on Friday. Indian rupee appreciated by 14 paise to Rs 69.8 per dollar.
Clamour grows for review of RBI's ownership rules for private banks as Kotak deadline approaches
Sun, Dec 30, 2018
Recently, the Swadeshi Jagaran Manch (SJM) had also said there was an urgent need for a rethink on the regulatory framework for private bank ownership so that it remains in Indian hands.
Kotak Mahindra Bank sees corporate loan book swelling by 26 per cent in FY20
Sun, Dec 23, 2018
"When we started out FY19, we were aiming for a 15-20 per cent growth, now it looks like it will go up to 20-25 percent. We will maintain same pace in FY20 as well," its head of corporate banking KVS Manian told PTI over the weekend.
HC refuses to stay Kotak Bank's plea for deadline extension for promoter stake dilution
Mon, Dec 17, 2018
The Bombay High Court Monday refused to grant stay on private sector lender Kotak Mahindra Bank's plea for extension of the RBI's December 31 deadline for promoter stake dilution.
SBI, PNB, BoB, HDFC, ICICI, Kotak, other bank customers, ATM cloning fraud scare to stop haunting soon
Sun, Dec 16, 2018
ATM cloning fraud: To save the customers, banks have started making changes to software and hardware in ATMs to ensure the machine shuts down automatically as soon as it suspects cloning.
Kotak Mahindra Bank vs RBI! Uday Kotak led bank faces fury of investors, shares drop over 7%, but should you invest?
Mon, Dec 10, 2018
In a notification to stock exchanges, Kotak showed its anger against RBI who did not responded on their decision over Perpetual Non Convertible Preference Shares (PNCPS) issue.
Uday Kotak led Kotak Mahindra Bank fights back RBI, drags it to Bombay High Court
Mon, Dec 10, 2018
In August, Uday Kotak, the founder and promoter of Kotak Mahindra Bank, has pared down his stake in the bank to 19.70 per cent from about 30 per cent following issuance of preference shares.
WhatsApp is your new bank! Kotak Mahindra, Saraswat Co-operative Bank move to chat app; Here's all you can do
Sat, Dec 08, 2018
Kotak Mahindra Bank told customers their queries related to bank account, debit and credit cards will be addressed through WhatsApp.
Kotak Mahindra, Saraswat Bank launch services on WhatsApp
Sat, Dec 08, 2018
Kotak Mahindra Bank and Saraswat Co-operative Bank Friday said they have started providing various banking services on messaging platform WhatsApp.
Kotak Mahindra, Saraswat Bank launch banking services on WhatsApp
Fri, Dec 07, 2018
Kotak Mahindra Bank in a communication to its customers said that their queries related to bank account, debit and credit cards will be addressed through WhatsApp. Saraswat Co-operative Bank also said it has become the first bank in the co-operative sector in the country to go live on WhatsApp channel for notifications and Bot services.
Has Warren Buffett found love for Uday Kotak's bank? Berkshire Hathaway to buy stake; Guess what! Kotak Mahindra Bank denies, shares skyrocket
Fri, Dec 07, 2018
It is being reported that the Oracle of Omaha, the man who is referred as equity king worldwide, Warren Buffett is looking to buy a stake in Uday Kotak's KMB.
Top 10 companies add Rs 2.14 lakh cr in market valuation; TCS biggest gainer
Sun, Dec 02, 2018
The country's largest IT firm TCS saw a gain of Rs 58,293.3 crore in market capitalisation (m-cap) to reach Rs 7,39,444.93 crore.