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Kotak Mahindra Bank Ltd News

GST Council may decide on tax treatment of life, health insurance

Fitment panel suggests four options to Council with revenue implications

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Updated On : 05 Sep 2024 | 4:43 PM IST

Special Situations Fund: Kotak Mahindra Bank arm raises $1.25 billion

The overall targeted amount for the second fund, which will be domiciled in the GIFT City, is $1.6 billion

Special Situations Fund: Kotak Mahindra Bank arm raises $1.25 billion
Updated On : 28 Mar 2023 | 11:06 PM IST

Kotak Mahindra Bank added to FTSE index nine years after being removed

Move follows sustained dip in FPI holding in the counter; IDBI Bank, Patanjali among other stocks to get in

Kotak Mahindra Bank added to FTSE index nine years after being removed
Updated On : 17 Feb 2023 | 5:57 PM IST

Kotak Mahindra Bank to acquire Sonata Finance for Rs 537 crore

The acquisition will be subject to regulatory approvals, including by the Reserve Bank of India (RBI)

Kotak Mahindra Bank to acquire Sonata Finance for Rs 537 crore
Updated On : 10 Feb 2023 | 8:10 PM IST

Kotak Mahindra Bank arm to raise up to $1 billion for data centres

The firm did not reveal the fundraising plan, but sources said the lender planned to raise $500 mn-$1 billion

Kotak Mahindra Bank arm to raise up to $1 billion for data centres
Updated On : 28 Nov 2022 | 10:27 PM IST

Kotak Mahindra Bank's consolidated net profit rises 20.7% in Q2FY23

NII of the lender grew 26.8 per cent YoY to Rs 5,099 crore during this period and net interest margin, a measure of profitability of banks, stood at 5.17 per cent

Kotak Mahindra Bank's consolidated net profit rises 20.7% in Q2FY23
Updated On : 22 Oct 2022 | 4:17 PM IST