The Reserve Bank of India has barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards for failing…
Read more RBI bars Kotak Mahindra Bank from onboarding new customers through online & mobile channelsA fortnight after RBI cautioned banks against unprecedented growth in unsecured retail loans and asked them to grow “sensibly”, large banks and NBFCs have flagged increased risks and…
Read more Lenders flag rising delinquencies in small ticket unsecured retail loans post RBI cautionKotak Mahindra Bank posted a net profit of ₹3,452 crore for Q1 FY24, up 67 per cent y-o-y led by strong growth in net interest and other income. Fees and…
Read more Kotak Bank Q1 PAT up 67% on strong NII, other income growthAn investor who invested ₹10,000 with Kotak Mahindra Group in 1985 would be worth about ₹300 crore today, according to Uday MD & CEO, Kotak, Kotak Mahindra Bank (KMB).…
Read more Uday Kotak reflects on time as head of bank in latest annual reportKotak Mahindra Bank doesn’t want to list any of its subsidiaries and wants the bank’s shares to reflect the integrated value of the Kotak Group, according to Whole…
Read more Don’t want to list arms, Kotak Bank stock to reflect Group value: KVS Manian
