Kotak Mahindra Bank
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Kotak Mahindra Bank employee arrested for discrepancies in Panchkula municipal corporation's FDR
India | Mar 26, 2026, 11:49 AM ISTThe arrested accused, Dileep Kumar Raghav, was the relationship manager in the bank at the time of the commission of offence. He was arrested on Wednesday.
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This private bank to levy SMS alert charges from December: Here's what you can do to get waiver
Personal Finance | Nov 12, 2025, 04:18 PM ISTThe SMS alerts sent to customers are meant to notify them about various transactions to help users stay informed regarding their banking activities.
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RBI bars Kotak Mahindra Bank from onboarding new online customers, issuing fresh credit cards
Business | Apr 24, 2024, 05:03 PM ISTThe RBI's action follows deficiencies in Kotak Bank's IT risk management and information security governance.
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Uday Kotak steps down as MD and CEO of Kotak Mahindra Bank four months ahead of his retirement
Business | Sep 02, 2023, 04:19 PM ISTUday Kotak will continue as a non-executive director of the bank, the bank said in a communication to exchanges.
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Ashneer Grover controversy: BharatPe says not fired any employee, audit is on
Business | Jan 30, 2022, 09:48 AM ISTFacing a controversy over its Co-founder and Managing Director Ashneer Grover, fintech platform BharatPe on Saturday said it has not terminated the services of any employee (including Grover) at this stage.
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IndiGo, Kotak Mahindra Bank tie up for co-branded credit card Ka-ching
Business | Oct 25, 2021, 09:38 PM ISTManaged and operated by IndiGo, the Rewards Programme is linked to a co-branded card wherein members can earn rewards by using such card on IndiGo and other merchants and redeem them for availing the benefits. 6E is the airline code for IndiGo.
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Kotak Mahindra Bank asks employees to share health goals to earn monthly 'fitness allowance'
Business | Dec 08, 2020, 06:31 PM ISTPrivate sector lender Kotak Mahindra Bank on Tuesday said it will be giving a 'fitness allowance' to its employees for their health and wellness. The employees will have to share their health and fitness goals with the bank to get the monthly fitness allowance, it said in a statement.
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'No merger with Kotak Mahindra Bank', Indusind Bank dismisses reports as 'baseless'
Business | Oct 26, 2020, 11:10 AM ISTIndusind Bank on Monday dismissed the reports about its merger with Kotak Mahindra Bank, a day after the deal street was abuzz with related speculations. In an official statement, the Indusind Bank said the rumour was "malicious, untrue and baseless".
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Kotak Mahindra cuts interest rate on home loans by 10 bps
Business | Oct 22, 2020, 11:07 PM ISTKotak Mahindra Bank (Kotak) on Thursday announced that it has reduced its rate on home loans by a further 10 basis points (bps) to 6.9 per cent per annum.
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'Khushi Ka Season': Kotak Mahindra bank cuts home loan rate to 7%; at par with SBI's offering
Business | Oct 16, 2020, 09:20 PM ISTPrivate sector lender Kotak Mahindra Bank on Friday reduced its interest rate on home loans to 7 per cent, at par with market leader SBI's offering.
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Equities on downward swing, Reliance cracks by 1.8 pc
News | Jul 31, 2020, 10:20 PM ISTEquity benchmark indices closed marginally lower on Friday in line with Asian peers following a record contraction in economic data from the United States.
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Kotak Mahindra Bank slashes interest rate on savings deposits
Business | May 25, 2020, 06:09 PM ISTFrom Monday, daily balance of over Rs 1 lakh will earn 4 per cent interest as against the 4.50 per cent earlier, while those under that threshold will earn 3.50 per cent, the bank said.
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Kotak Mahindra Bank gets RBI nod for trimming promoters' stake
Business | Feb 19, 2020, 03:46 PM ISTPrivate sector Kotak Mahindra Bank on Wednesday said the Reserve Bank has granted its final approval for reducing promoters' stake in the bank to 26 per cent.
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HDFC, Kotak Mahindra, Yes Bank, IDFC Bank's online banking down
Business | Oct 02, 2019, 01:13 PM ISTAround a week after the RBI restricted Punjab and Maharashtra Cooperative Bank (PMC Bank) from doing 'all business operation' for six months, HDFC Bank, Kotak Mahindra Bank, Yes Bank and IDFC customers complained about online banking transactions failed and money transfer couldn’t happen.
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Kotak Mahindra Bank fourth quarter net up 27% at Rs 1,789 crore
Business | Apr 30, 2018, 09:38 PM ISTOn a stand-alone basis, net profit grew 15 per cent to Rs 1,124 crore for the three months to March. For the full year, the city-based lender’s stand-alone profit rose 20 per cent to Rs 4,084 crore over fiscal 2017.
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Kotak Mahindra Bank buys out Old Mutual from insurance arm for Rs 1,292 cr
Apr 29, 2017, 11:28 AM ISTAs part of the deal, expected to be closed over the next quarter or so, Kotak Bank will be paying Old Mutual Rs 1,292.7 crore for its 26 per cent stake in the joint venture.
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No acquisitions on the card, says Kotak Mahindra Bank MD
Mar 30, 2017, 06:11 PM ISTSpeculation was rife since early this year that a major merger or acquisition was on the cards and that the board meeting, slated for Thursday, will deal with raising the necessary capital to fund the move.
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Delhi: ED arrests Kotak Mahindra Bank manager in money laundering case
India | Dec 28, 2016, 02:24 PM ISTIn a crackdown on bankers facilitating money launderers, the Enforcement Directorate today arrested manager of Kotak Mahindra Bank at Kasturba Gandhi Marg in the national capital in connection with Paras Mal Lodha & Rohit Tandon
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IT dept raids Kotak Bank branch in Delhi, detects 9 fake account with Rs 34 cr deposits; 2 held
India | Dec 23, 2016, 05:21 PM ISTThe Income Tax department today conducted raids at the office of Kotak Mahindra Bank at Kasturba Gandhi Marg in the national capital today. The IT sleuths carried out the search while working on the leads
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6 banks hit by fake import remittance scam of Rs 15000 crore, seek EOW probe
Feb 09, 2015, 11:27 AM ISTMumbai: Six leading banks of the country are hit by a Rs. 15,000 crore foreign remittance scam. This involves some importers having deposited fake bills of entries (of imports) in banks and remittance for the