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NEWS
Uday Kotak loses Rs.10,225 crore in a day as Kotak Mahindra Bank share price tanks 11%
Fri, Apr 26, 2024     Source : Mint
Kotak Mahindra Bank's share price saw a steep fall of 10.85 per cent to close at ?1,643 on the BSE on Thursday.
NEWS
RBI bars Kotak Mahindra Bank from adding new customers; Is your money in the bank safe?
Thu, Apr 25, 2024     Source : Mint
Kotak Mahindra Bank has been directed by the Reserve Bank of India (RBI) to cease onboarding new customers through its online and mobile banking channels and issuing fresh credit cards from immediate effec...
NEWS
RBI fines ICICI, Kotak Mahindra Bank for not complying with norms
Wed, Oct 18, 2023     Source : Economic Times
The Reserve Bank of India has slapped fines of ?12.19 crore on ICICI Bank and ?3.95 crore on Kotak Mahindra Bank for non-compliance with various central bank directions.
NEWS
IDBI Bank divestment: Indo-Canadian spat may dim Fairfax’s chance
Tue, Oct 17, 2023     Source : Business Line
Prospects of Kotak Mahindra Bank and NBD Emirates could brighten in the bidding
NEWS
RBI approves appointment of Dipak Gupta as interim MD & CEO of Kotak Mahindra Bank
Sat, Sep 09, 2023     Source : Economic Times
The Reserve Bank of India (RBI) on Friday approved the appointment of Dipak Gupta as interim MD and CEO of Kotak Mahindra Bank.
NEWS
My fiduciary role in the transition is over: Uday Kotak
Mon, Sep 04, 2023     Source : Mint
Billionaire Uday Kotak, who stepped down as the chief executive of Kotak Mahindra Bank Ltd on 1 September, believes he has fulfilled his fiduciary duty in ensuring leadership transition in the bank he foun...
NEWS
Rs 2,000 note withdrawal: Kotak Mahindra Bank garners deposits of Rs 5,400 crore
Fri, Jun 16, 2023     Source : Economic Times
Kotak Mahindra Bank has garnered about Rs 5,400 crore of fresh deposits courtesy of the RBI's move to withdraw the Rs 2,000 denomination notes, a top official said on Thursday.
MUTUAL FUNDS NEWS
Infosys, Kotak Mahindra Bank, Maruti Suzuki among top buys for MFs in Sept
Fri, Oct 14, 2022     Source : Business Standard
Besides Maruti Suzuki, domestic funds added Hero Motocorp while they trimmed positions in Tata Motors, Ashok Leyland and TVS Motors
NEWS
Banks hike deposit rates to woo savers
Fri, Jun 24, 2022     Source : Economic Times
Banks are increasing deposit rates to attract savers, as they seek to raise funds to meet growing credit demand despite higher lending rates, and with the new spike in Covid-19 infections having little imp...
MUTUAL FUNDS NEWS
Follow the dharma of asset allocation to survive an uncertain market: Nilesh Shah
Fri, Jun 10, 2022     Source : Economic Times
Dalal Street investors have been on a roller-coaster ride amid inflation worries and unabated selling by foreign institutional investors.Nilesh Shah, Managing Director of Kotak Mahindra Asset Management, s...
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