Kotak Mahindra Bank
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Kotak Mahindra Q3 net up 21% at Rs 716.61 crore
Jan 20, 2015, 01:35 PM ISTNew 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
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Kotak-ING Vysya merger gets shareholders' approval
Jan 08, 2015, 03:32 PM ISTNew 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
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ING Vysya employees protest over merger with Kotak
Jan 07, 2015, 04:26 PM ISTBengaluru: 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
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ING Vysya Bank staff concerned over merger with Kotak
Jan 04, 2015, 09:47 AM ISTKolkata: 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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Kotak Mahindra Bank to foray into general insurance business
Nov 26, 2014, 07:33 AM ISTChennai: Private sector Kotak Mahindra Bank Ltd on Tuesday announced its plans to enter the general insurance segment following the approval from Reserve Bank of India (RBI).In a statement issued here, the bank said it
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Kotak Mahindra Bank surges over 6.3% on NSE
Nov 21, 2014, 11:44 AM ISTNew Delhi: Kotak Mahindra surged 6.30 per cent on the NSE on Friday, after the company decided to acquire mid-sized lender ING Vysya Bank in an all-share transaction to strengthen its position ahead of entry
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Kotak Mahindra Bank to acquire ING Vysya Bank
Nov 20, 2014, 06:59 PM ISTNew Delhi: Kotak Mahindra Bank today decided to acquire mid-sized lender ING Vysya Bank in an all-share transaction to strengthen its position ahead of entry of new players.The Uday Kotak run bank said the consolidation
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Kotak Mahindra Bank unveils Facebook-based money transfer service
Oct 13, 2014, 04:51 PM ISTNew Delhi: Private sector lender Kotak Mahindra Bank (KMB) on Monday launched a Facebook-based instant fund transfer service wherein one can send money to friends on the social media network real time, for free."This is
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RBI asks Kotak Mahindra Bank to cut promoter stake
May 27, 2014, 06:04 PM ISTMumbai: The Reserve Bank of India (RBI) has asked Kotak Mahindra Bank Ltd to cut its promoter holding to 40% by September 2014 from 43.58%, the private sector lender said in a notice to the
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Kotak Mahindra Bank hikes term deposit rates by 25 bps
Feb 03, 2014, 10:30 PM ISTMumbai: After the January 28 rate hike by the Reserve Bank, private sector lender Kotak Mahindra Bank today took the lead over its larger peers by raising deposit rates by 25 basis points on select
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Kotak Bank Q2 net up 2 pc% on higher interest income, margin
Oct 24, 2013, 09:27 PM ISTMumbai: Private sector Kotak Mahindra Bank today reported 26 per cent rise in standalone net profit at Rs 353 crore in the quarter ended September 30, boosted by a healthy growth in interest income and
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Kotak Mahindra Bank to hire 2,000
Aug 29, 2013, 09:28 AM ISTNew Delhi: Kotak Mahindra Bank (KMB) would strength its staff count by around 1500-2000 persons in the current financial year, a senior official said."We will hire 12 to 15 persons per branch. We recruit freshers
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Kotak Mahindra Bank net profit rises 25%
Jan 22, 2013, 04:17 PM ISTNew Delhi, Jan 22: Kotak Mahindra Bank on Tuesday said its net profit rose by nearly 25 per cent to Rs 577.21 crore for the third quarter ended December 2012.Its profit in the same quarter