Tag: Kotak Mahindra Bank

stocks to buy now: Buy M&M, not Maruti; go for Torrent and Gland among pharma stocks: Sudip Bandyopadhyay

The loan books need to grow at a much faster pace for both HDFC and Kotak to keep pace with the multiples which they have...

ICICI Bank is back as mutual funds’ favoured pick on valuations, growth

has emerged as one of the top holdings of domestic equity mutual funds in the past year after falling out of favour for a while....

Flipkart to cover vaccination costs for employees

E-commerce major Flipkart will cover the vaccination cost for all Flipkart and Myntra employees and three dependents, joining the growing roster of enterprises in the...

Bombay HC directs Williamson Magor to deposit Rs 15 crore in the court in a suit filed by Kotak Bank

The Bombay High Court has directed Williamson Magor & Co and its promoter Aditya Khaitan to deposit about Rs 15 crore in the court by...

Uday Kotak: Private investment to trickle in once capacity utilisation goes beyond 75%: Uday Kotak

NEW DELHI: Private investment, which has been muted for a long time, will start trickling in once the overall capacity utilisation in the system goes...

Companies restore salaries, start giving Diwali bonuses to employees

(This story originally appeared in on Nov 03, 2020) MUMBAI: The festival of lights has ushered joy into people’s lives with some companies doling out...

Kotak Mahindra denies takeover talks with IndusInd, but says its open for M&A opportunities

MUMBAI: Kotak Mahindra Bank on Monday denied takeover talks with IndusInd Bank but said they were open to M&A opportunities. News agency Bloomberg had reported...

RBI constitutes working group to review private bank shareholding norms

The Reserve Bank of India on Friday constituted an internal working group to review the ownership guidelines and corporate structure for private sector lenders. The...

Uday Kotak: Billionaire Uday Kotak hardest hit by India’s plan to cap CEO tenures

By Suvashree Ghosh Billionaire Uday Kotak’s role as head of the bank he founded may be curtailed by new proposals to limit the tenure of...

EMI purchases on cards go up with consumers buying even low priced items on finance

KOLKATA: As the lockdown across the country eased, a distinct trend of consumers preferring to purchase even low value goods on equated monthly instalment (EMI)...

banking sector outlook: There is going to be a significant capital requirement in Indian banking sector: Uday Kotak

Companies should go out and raise capital and not be nickel-and-dime on the price, says MD, Kotak Mahindra Bank. India is hot when it comes...

Kotak Mahindra Bank: Prudent lenders like Axis Bank & Kotak Bank should keep some powder dry: SBICap Securities

As the lockdown gets extended, the income shocks are likely to go up as well and will play out in the credit cost, says Krishnan...

Axis Bank to acquire 30% of Max Life for ₹1,600 crore

New Delhi: Axis Bank is set to acquire nearly 30% of Max Life Insurance Co. from Max Financial Services Ltd, the flagship listed company of...

Loan moratorium: Lenders struggling to trace low-ticket retail borrowers

Mumbai: Banks and shadow lenders are finding it hard to locate some of their clients, many of whom haven’t been able to pay their dues...

Savers head to safer assets on shaky markets

Mumbai: As India braces to deal with an anticipated spurt in Covid-19 cases, the confidence of the average saver appears to be shaken. Mutual funds...