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3 mins read

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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7 mins read

Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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2 mins read

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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Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action

At the NSE, it tumbled 13 per cent to the 52-week low of Rs 1,602. The company's market ca…

PTI   


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1 min read

RBI bars Kotak Mahindra Bank from onboarding new customers via online, issuing fresh credit cards

"Serious deficiencies and non-compliances were observed in the areas of IT inventory management…

PTI   


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1 min read

Too many regulatory guardrails could impede growth rate: Uday Kotak

Veteran banker Uday Kotak on Tuesday said that too much regulatory guardrails could impede economic…

PTI   


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Markets rebound in early trade on rally in global peers, foreign fund inflows

The 30-share BSE Sensex jumped 428.83 points to 81,951.99 in early trade. The NSE Nifty climbed 154…

PTI   


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1 min read

Ventive Hospitality files papers with Sebi to raise Rs 2,000-cr via IPO

Also, the company may consider a pre-IPO placement aggregating up to Rs 400 crore. If such plac…

PTI   


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Sensex, Nifty climb in early trade on rally in global markets, foreign fund inflows

The 30-share BSE Sensex climbed 241.68 points to 81,801.22 in early trade. The NSE Nifty went up 78…

PTI   


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Ashok Vaswani is new CEO of Kotak Mahindra Bank

In what is a generational shift, Kotak Mahindra Bank on Saturday said that Ashok Vaswani would st…

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Stock market closing: Sensex inches 800 points up to close at 79,705.91, auto, IT, PSU bank indices rally

Out of the 2,780 stocks traded during the day, 1,658 stocks saw declines, 1,028 declined while 94 r…

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1 min read

Kotak Bank gets RBI nod for acquisition of microlender Sonata Finance

Kotak Mahindra Bank on Friday said the Reserve Bank has given approval for its Rs 537-crore acquisi…

PTI   


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3 mins read

Season of deals: Diwali shopping offers on credit cards

As the festival of light approaches, most of us get into a spending mode. Whether it is gifts or pe…

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2 mins read

Stock market today: India VIX up by 3%, NTPC, BPCL take lead in early morning trade

Ahead of the budget, which is set to be presented tomorrow, all broad market indices opened the day…

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4 mins read

Hindenburg shared the Adani report with its client Mark Kingdon two months before publishing it: Sebi

Hindenburg Research shared Adani report with Mark Kingdon two months earlier, according to the SEBI…

PTI   


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2 mins read

Stock market today: Nifty, Sensex see muted starts, ICICI, Kotak, Axis bank gain lead

Apollo Hospitals, ICICI Bank, Bharti Airtel, Kotak Bank and Axis Bank gaines early advantage during…

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1 min read

FPIs invest Rs 7,962 cr in equity market during first week of July

The Foreign Portfolio Investors (FPI) have infused Rs 7,962 crore in the Indian equity market in th…

ANI   


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Stock market closing: Sensex crosses 80k, Kotak, HDFC and ICICI bank lead the rally

On the other hand, TCS lost 1.23%, Titan lost 1.11%, Reliance shed 0.68%, Tata Motors lost 0.41% an…

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2 mins read

Stock market today: Sensex tops 80,000 for the first time; HDFC and Kotak Bank take lead

HDFC, Axis, ICICI, Kotak Bank, and Britannia were among the early gainers on the market today, whil…