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The succession at Kotak Mahindra Bank has been a hot topic for months as it has been a founder-led institution from its very beginning as a small finance firm in 1985.
Kotak Mahindra Bank's gross non-performing assets (NPAs) increased 3 basis points to 1.42 per cent, compared to 1.39 per cent in the same period a year ago. However, the net NPAs for the fourth ...
Positive Points Kotak Mahindra Bank Ltd (BOM:500247) reported a consolidated profit growth of 21% year-on-year, reaching INR22,126 crores. The bank's capital market businesses had a stellar year ...
Kotak Mahindra Bank share price has gained 7% in one month, and 8% in three months. On a year-to-date (YTD) basis, Kotak Mahindra Bank shares have rallied 24% and it has gained 20% in one year ...
Uday Kotak, India’s richest banker, resigned Saturday as managing director and chief executive officer of Kotak Mahindra Bank Ltd., giving up the reins earlier than expected to take on the role ...
Kotak Mahindra Bank's shares fell by nearly 11% on Thursday, a day after India's central bank barred the lender that relies heavily on online banking from taking on new digital clients and issuing ...
The Reserve Bank of India (RBI) said it was imposing the restrictions on Kotak Mahindra Bank because of significant concerns stemming from its IT examinations of the bank for the years 2022 and 2023.
Sept 2 (Reuters) - Billionaire Uday Kotak, who founded and leads Kotak Mahindra Bank (KTKM.NS), has resigned as the managing director and chief executive four months before his term was set to end ...