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  1. You Are At:
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  4. Kotak Mahindra Bank

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  • Ashneer Grover controversy: BharatPe says not fired any

    Ashneer Grover controversy: BharatPe says not fired any employee, audit is on

    Business | January 30, 2022 9:48 IST

    Facing 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.

  • indigo, kotak

    IndiGo, Kotak Mahindra Bank tie up for co-branded credit card Ka-ching

    Business | October 25, 2021 21:38 IST

    Managed 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.  

  • Kotak Mahindra Bank asks employees to share health goals to

    Kotak Mahindra Bank asks employees to share health goals to earn monthly 'fitness allowance'

    Business | December 08, 2020 18:31 IST

    Private 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.  

  • indusind bank news,kotak indusind,kotak indusind merger,future retail share news,kotak mahindra bank

    'No merger with Kotak Mahindra Bank', Indusind Bank dismisses reports as 'baseless'

    Business | October 26, 2020 11:10 IST

    Indusind 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".

  • Kotak Mahindra cuts interest rate on home loans by 10 bps

    Kotak Mahindra cuts interest rate on home loans by 10 bps

    Business | October 22, 2020 23:07 IST

    Kotak 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.

  • 'Khushi Ka Season': Kotak Mahindra bank cuts home loan rate to 7%; at par with SBI's offering

    'Khushi Ka Season': Kotak Mahindra bank cuts home loan rate to 7%; at par with SBI's offering

    Business | October 16, 2020 21:20 IST

    Private 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. 

  • Equities on downward swing, Reliance cracks by 1.8 pc

    Equities on downward swing, Reliance cracks by 1.8 pc

    News | July 31, 2020 22:20 IST

    Equity benchmark indices closed marginally lower on Friday in line with Asian peers following a record contraction in economic data from the United States.

  • Kotak Mahindra Bank slashes interest rate on savings deposits

    Kotak Mahindra Bank slashes interest rate on savings deposits

    Business | May 25, 2020 18:09 IST

    From 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.

  • Kotak Mahindra Bank gets RBI nod for trimming promoters' stake

    Kotak Mahindra Bank gets RBI nod for trimming promoters' stake

    Business | February 19, 2020 15:46 IST

    Private 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.

  • HDFC, Kotak Mahindra, Yes Bank, IDFC Bank's online banking

    HDFC, Kotak Mahindra, Yes Bank, IDFC Bank's online banking down

    Business | October 02, 2019 13:13 IST

    Around 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.

  • Kotak Mahindra Bank fourth quarter net up 27% at Rs 1,789 crore

    Kotak Mahindra Bank fourth quarter net up 27% at Rs 1,789 crore

    Business | April 30, 2018 21:38 IST

    On 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.

  • Kotak Mahindra Bank buys out Old Mutual from insurance arm

    Kotak Mahindra Bank buys out Old Mutual from insurance arm for Rs 1,292 cr

    April 29, 2017 11:28 IST

    As 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.

  • File pic of Uday Kotak

    No acquisitions on the card, says Kotak Mahindra Bank MD

    March 30, 2017 18:11 IST

    Speculation 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.

  • Kotak Mahindra bank manager held

    Delhi: ED arrests Kotak Mahindra Bank manager in money laundering case

    India | December 28, 2016 14:24 IST

    In 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

  • Kotak Mahindra

    IT dept raids Kotak Bank branch in Delhi, detects 9 fake account with Rs 34 cr deposits; 2 held

    India | December 23, 2016 17:21 IST

    The 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

  • 6 banks hit by fake import remittance scam of rs 15000

    6 banks hit by fake import remittance scam of Rs 15000 crore, seek EOW probe

    February 09, 2015 11:27 IST

    Mumbai: 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

  • kotak mahindra q3 net up 21 at rs 716.61 crore

    Kotak Mahindra Q3 net up 21% at Rs 716.61 crore

    January 20, 2015 13:35 IST

    New Delhi: Private sector lender Kotak Mahindra Bank on Tuesday reported a 21.20% increase in its consolidated net profit at Rs 716.61 crore for the third quarter ended December 2014.The company reported a net profit

  • kotak ing vysya merger gets shareholders approval

    Kotak-ING Vysya merger gets shareholders' approval

    January 08, 2015 15:32 IST

    New Delhi: Private sector Kotak Mahindra Bank has secured its shareholders' approval for amalgamation of Bangalore-based ING Vysya Bank with itself.In November, Kotak Mahindra Bank had announced the buyout of ING Vysya Bank in an

  • ing vysya employees protest over merger with kotak

    ING Vysya employees protest over merger with Kotak

    January 07, 2015 16:26 IST

    Bengaluru: Employees unions of ING Vysya Bank today staged a protest here with demands for ‘job security' in the wake of its merger with Kotak Mahindra Bank.The protest was held on a day when ING

  • ing vysya bank staff concerned over merger with kotak

    ING Vysya Bank staff concerned over merger with Kotak

    January 04, 2015 9:47 IST

    Kolkata: Employees and officers of ING Vysya Bank on Saturday expressed concerns over their future post the merger with Kotak Mahindra Bank which will come into effect from April 1, 2015.The management of ING Vysya

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