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Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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Kotak Mahindra Bank shares climb nearly 5% after Q4 earnings

It emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms. Kotak Mahindra …

PTI   


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Kotak Mahindra Bank shares decline over 4%; hit 52-week low

At the NSE, it went lower by 4.40 per cent to Rs 1,552.40 -- the 52-week low. Manian, who …

PTI   


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Axis Bank posts net profit of ₹7,129 cr in March quarter

Total income rose to Rs 35,990 crore in the March quarter of 2023-24 fiscal, from Rs 28,758 cro…

PTI   


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Canara Bank Q4 profit rises 18% to ₹3,757 crore

During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…

PTI   


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RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P

Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…

PTI   


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RBI likely to maintain status quo after food inflation keeps Feb print high, say experts

In February, retail inflation came in on expected lines at 5.09%. However, high vegetable inflation…

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Kotak Mahindra logs Rs 3,005 crore PAT for Q3

Kotak Mahindra Bank Ltd on Saturday said it closed the third quarter of FY24 with an after tax prof…

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Inflation data, Q4 earnings, global trends to drive stock markets this week: Analysts

Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates…

PTI   


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Zurich Insurance set to acquire 51% stake in Kotak General Insurance for ₹4,051 cr

Zurich Insurance Company is set to acquire 51 per cent stake in Kotak General Insurance for Rs 4,05…

PTI   


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Indian stock indices hit fresh high; eyes now on inflation data, Q4 earnings

Indian stock indices started Monday's trade in the green and hit their fresh highs, extending posit…

ANI   


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In Q2, Kotak Mahindra Bank reports a 24% increase in net profit to ₹3,191 crore

Kotak Mahindra Bank's standalone net profit for the quarter ending on September 30 showed an impres…

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ICICI Bank net profit jumps 25.7 pc to ₹11,053 cr in Q3

The bank's core net interest income was up 13.4 per cent to Rs 18,678 crore, on the back of net…

PTI   


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BSE denies tech glitch on June 4; lag in payment receipt from banks led to delayed mutual fund NAV

Several investors purchased their mutual funds before the cut-off time, although they were assi…

PTI   


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Markets rebound in early trade after five days of decline

In the five days of fall, the BSE benchmark tanked 1,532 points or 2 per cent. From the Se…

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ESAF Small Finance Bank IPO subscribed 73x as QIBs rush in

The ₹463 crore ESAF Small Finance Bank’s initial public offer (IPO) was subscribed 8.3 times at the…

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5 mins read

The CEO who believes that there’s a lot more to digitise at banks

the new CEO of Kotak Mahindra Bank Ashok Vaswani thinks that a lot more technology can be deployed …

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6 mins read

Earning forecasts for Q4 FY24: Healthcare and cement companies to shine

In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…

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What if Kotak Mahindra Bank acquires IDBI Bank, asks Nomura

Life Insurance Corporation of India along with the government are looking to divest 60.72% in IDBI …

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Stock market revives and surges by over 3%, closes above last Friday's high

Indian stock markets experienced a significant surge of over 3 percent by the closing session on We…

ANI