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Kotak Mahindra Bank
Business  /  Published 27.10.20

Kotak Mahindra Bank net profit jumps 26.7%

SBI Life Insurance Co Ltd on Monday reported over a two-fold jump in net profit at Rs 299.73 crore for the second quarter ended September of the current financial year. The life insurer had posted a ...
By PTI in New Delhi

Business  /  Published 27.10.20

IndusInd merger buzz gathers steam

Kotak Mahindra Bank on Monday said acquiring companies and assets was one of the objectives of the capital raising exercise done during the first quarter, indicating that it is not averse to a merger ...
By Our Special Correspondent in Mumbai

Business  /  Published 28.07.20

Kotak Bank net falls

Private sector lender Kotak Mahindra Bank on Monday reported 8.5 per cent decline in its standalone net profit to Rs 1,244.45 crore in the first quarter ended June 30. The bank had posted a net profit...
By Our Special Correspondent in Mumbai

Business  /  Published 24.07.20

Sensex tumbles over 300 points

Equity benchmark Sensex plunged over 300 pts in early trade on Friday tracking losses in financial stocks amid global equity selloff. The 30-share BSE Sensex was trading 307.31 points, or 0.81 per ce...
By PTI in Mumbai

Business  /  Published 17.07.20

Kotak invests Rs 500 crore in Nuvoco Vistas

Kotak Investment Advisors Ltd, a wholly owned subsidiary of Kotak Mahindra Bank, has pumped Rs 500 crore through Kotak Special Situations Fund into Nirma group’s cement venture Nuvoco as it comp...
By A Staff Reporter in Calcutta

Business  /  Published 11.07.20

Uday Kotak calls for recapitalisation

Veteran banker Uday Kotak has said the financial sector needs recapitalisation as the capital position has been affected by rising bad loans. The Kotak Mahindra Bank managing director has also disclos...
By Our Special Correspondent in Mumbai

Business  /  Published 02.06.20

Sensex jumps over 300 points

Equity benchmark Sensex jumped over 300 points in early trade on Tuesday, led by index-heavyweights Kotak Bank, HDFC, TCS and Reliance Industries amid positive cues from global markets.After opening o...
By PTI in Mumbai

Business  /  Published 13.05.20

Kotak Mahindra Bank unsecured loan worry

Kotak Mahindra Bank on Wednesday reported a 6.52 per cent fall in consolidated net profit for the March quarter at Rs 1,905.18 crore because of a multifold increase in provisions, and warned of asset ...
By TT Bureau in Mumbai

Business  /  Published 04.06.20

Lessons from ratings blow

Amid a shortfall in revenue and the need for more public spending, newly elected CII president Uday Kotak said India needs to maintain financial and fiscal stability even as fiscal deficit will inevit...
By Our Special Correspondent in New Delhi

Business  /  Published 22.10.19

Tax blow triggers loss at Axis Bank

Axis Bank on Tuesday reported a net loss of Rs 112.08 crore on a standalone basis for the September quarter because of a one-time tax impact.The private sector bank had posted a net profit of Rs 789.6...
By Our Special Correspondent in Mumbai


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