Uday Kotak emphasised that the Indian government needs to provide "direct fiscal support" to enhance small businesses. Uday Kotak, the billionaire Indian banking figure, has urged Prime Minister Narendra Modi's…
MUMBAI: Kotak Mahindra Bankreported a 14% year-on-year decline in standalone net profit to Rs 3,552 crore for the quarter ended March 2025, as rising provisions and narrowing margins weighed on…
MUMBAI: RBI has lifted restrictions it imposed on Kotak Mahindra Bank in April 2024, which had prevented it from on-boarding new customers through its online and mobile banking channels and…
MUMBAI: HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike investments in Kotak Mahindra Bank, AU Small Finance Bank,…
The RBI asked banks to set aside more capital for unsecured consumer credit. A rise in retail-loan defaults in India due to aggressive lending practices is reverberating in the stock…
MUMBAI: Kotak Mahindra Bank reported a 4.8% year-on-year (YoY) increase in net profit for Q2FY25, reaching Rs 3,344 crore. However, on quarter-on-quarter basis, the bank's profit was down by 5%,…
Kotak Mahindra Bank reported a slight increase of 5% in its standalone profit for the second quarter ended September, amounting to Rs 3,344 crore compared to Rs 3,191 crore in…
MUMBAI: Benchmark sensex rose by nearly 91 points to close at a fresh lifetime high, while Nifty settled above the 25,400 level for the first time in a range-bound trade…
NEW DELHI: Equity benchmark indices surged in early trading on Tuesday, buoyed by a global market rally and fresh foreign fund inflows. The BSE Sensex rose by 241.68 points, reaching…
NEW DELHI: Kotak Mahindra Bank has reported a significant growth in its financial performance for the first quarter of FY25, with the Profit After Tax (PAT) reaching Rs 6,250 crore,…