Sat, Sep 02, 2023
In its exchange filing, the Kotak Mahindra Bank stated that Uday Kotak has ceased to be the Managing Director & CEO of the Bank, with effect from September 1, 2023 on account of his resignation considered at the Bank’s Board Meeting held on Saturday.
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Sat, Jul 22, 2023
Kotak Mahindra Bank on Saturday reported a massive 67 per cent on-year jump in standalone net income at Rs 3,452 crore for the June quarter. The key net interest income increased 33 per cent to Rs 6,234 crore driven by a 5.57 per cent higher net interest margin.
Fri, May 05, 2023
There is bad news for Kotak Mahindra Bank. MSCI will not increase the weightage of banks. Wages will not increase due to the global banking crisis. The weightage of Global and any Indian bank will not increase. Know the complete news from Nupur Kunia.
Tue, May 02, 2023
Which stocks to buy, hold or sell today? As Dalal Street enters the May 2 session, here's a look at what brokerages make of some of the key stocks that are trending today. Stocks such as UltraTech Cement, Kotak Mahindra Bank, SBI Cards and Payment Services, RBL Bank, and other shares are on their radar today.
Tue, Apr 11, 2023
Foreign investors' holding in Kotak Mahindra Bank has dropped to 41.22 percent in the March 2023 quarter, lower by 1.47 percentage points from December. This could result in a wider foreign headroom opening up and the stock gaining weightage in the MSCI index, according to Nuvama Alternative Research.
Mon, Jan 23, 2023
A majority of major banks have reported financial results in line with Street estimates in the ongoing earnings season, according to Varinder Bansal, Founder of Omkara Capital.
Here's what they suggest on RBL Bank and JSW Steel, which also reported their financial results for the October-December period last week.
Sat, Jan 21, 2023
Q3FY23 Live Updates: Private sector lenders ICICI Bank and Kotak Mahindra Bank along with cement major Ultratech Cement announced their third-quarter results for this fiscal on Saturday, January 21, 2023.
Thu, Jan 19, 2023
While Sensex closed at 60,858.43, down by 187.31 points or 0.31 per cent while the broader market Nifty50 settled at 18,092.35, down 73 points or 0.40 per cent. Banking gauge Nifty Bank finished at 42,293.95, lower by 164.05 points or 0.39 per cent
Sat, Jan 07, 2023
Zee Business brings to you 3 stocks recommended by brokerage firms to keep an eye out for.
Wed, Jan 04, 2023
Brokerage firm Sharekhan have recommended three stocks having the potential to yield up to 25%. One may consider the brokerage recommendations for positive yield.
Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 29 per cent. One may consider the brokerage recommendations for positive yield.
Tue, Jan 03, 2023
ICICI Bank share price: ICICI Bank shares were trading at Rs 897.75 on the NSE around 1 pm today and were down by Rs 4.70 or 0.52 per cent from the Monday closing price.
Tue, Dec 13, 2022
AIIB's Director General in the banking department Dongik Lee said India's infrastructure sector has many assets with operating track records in need of innovative credit solutions.
Mon, Dec 12, 2022
Stocks to buy: Domestic brokerage firm Sharekhan has recommended five stocks that can yield up to 31 per cent return in 12 months.
Thu, Nov 17, 2022
Bank of America maintains a buy on Bank of Baroda with a price target of Rs 190. It was recommended at a price of Rs 163. It sees a sustainable credit growth potential of 13-15%
Mon, Nov 14, 2022
The broader markets such as Nifty Midcap and Smallcap outperformed the benchmarks to end nearly 0.06 and 0.5 per cent higher, respectively, on Monday.
Sat, Oct 22, 2022
Kotak Mahindra Bank Q2FY23 Results: The net interest margin of the bank as of September 30, 2022, came at 5.17 per cent as against 4.45 per cent in Q2FY22, Kotak Mahindra Bank said in its results filing.
Mon, Sep 26, 2022
The brokerage from Kotak Mahindra Bank, which handles over 27 lakh demat accounts, has over 1,330 franchisees across the country now, some of which it wants to onboard now
Wed, Sep 07, 2022
India’s third largest private sector bank Kotak Mahindra Bank Limited (KMBL) has announced the launch of Aadhaar based e-KYC of the client using face authentication, the company said in its media release.
Tue, Sep 06, 2022
Federal Bank-Kotak Bank merger news: Federal Bank has denied holding merger talks with Kotak Mahindra Bank. Federal Bank share price on Monday hit a 52-week high on NSE.
Sun, Aug 28, 2022
All the other major public sector banks reported less than 10 fraud cases during the period under review.
Fri, Aug 26, 2022
Though the market has been trading volatile, the banking sector has been attracting buying interest from investors
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