Page 8 - Kotak Mahindra Bank

ING sells 0.67% stake in Kotak Mahindra Bank; stock rises over 2%

The share sale took place at a weighted average price of Rs 1,130. ING raised around Rs 14.4 bn

Kotak Mahindra Bank's net profit up 21.3% yoy to Rs 17.47 bn in Q2

Gross NPAs, fell to 1.91 per cent for the September quarter, against 2.14 per cent in the year-ago quarter

RBI turns down Kotak Bank's stake dilution plan

Bank says it has met requirement and will engage with central bank

Promoter stake in Kotak Mahindra Bank goes below 20% from 30.03%

The bank issued one billion non-convertible perpetual non-cumulative preference shares of a face value of Rs 5 each to investors

Kotak Mahindra Bank consolidated Q1 net up 17% to Rs 15.74 bn

Total income up 15% YoY to Rs 99 bn; Gross NPA at 1.93% for the quarter, against 2.24% a year ago and 1.95% in the immediately preceding quarter ended March 2018

Kotak Mahindra Bank, Dabur India, Indiabulls Ventures hit new highs

Jubilant FoodWorks, Nestle India, Pidilite Industries and Exide Industries were among 23 stocks from the S&P BSE500 index hitting new highs on the BSE on Wednesday.

Kotak Mahindra Bank consolidated Q4 net up 27% to Rs 17.89 billion

Consolidated capital adequacy ratio improved to 18.82% as on March 2018, up from 16.77% a year ago

Kotak Mahindra Bank pips State Bank of India in market capitalisation

Kotak Mahindra Bank also, for the first, time has become the second-most valued bank in the country after HDFC Bank, which commands a market capitalisation of Rs 5.03 trn

Kotak Mahindra Bank Q2 net up 20% at Rs 1,441 cr

It had posted a consolidated net profit of Rs 1,202 crore in the July-September 2016 quarter.

Kotak Mahindra Bank Q1 consolidated profit up by 26% at Rs 1,347 crore

Consolidated net interest margin flat at 4.4%; gross non-performing asset ratio up slightly at 2.58%

Kotak Mahindra Bank, Tata Motors DVR shares on Sensex

The reconstitution of BSE indices will be effective from June 19

Kotak bank to raise Rs 5,662 cr via QIP, promoter stake to fall

RBI had asked Uday Kotak to reduce his stake in the bank to 30% by June 2017, 20% by Dec 2018

Kotak Bank gets shareholder nod to raise Rs 5,700 cr

Capital adequacy ratio will rise to about 20% after the capital raising

Kotak Mahindra Bank Q4 net profit up 33% at Rs 1,404 cr

Total income up at Rs 9,954 cr in Q4 from Rs 7,910 cr a year ago

Kotak Mahindra Bank to raise Rs 5,400 crore of equity

Funds to be deployed for consolidation opportunities and resolution of stressed assets

Kotak launches zero-charge digital bank account

Its aim is to double the customer base to 16 million over the next 18 months

Kotak Mahindra Bank launches 8-11 app to double customer base

Initiative allows one to open zero-balance, zero-charge a/c in 5 minutes using only Aadhar and PAN

Kotak Mahindra Bank seeks nod to raise foreign investment limit

Seeks to increase ceiling to up to 49% of paid up capital

Kotak Mahindra Bank Q3 net profit up 34% to Rs 1,267 crore

Total income rose to Rs 7,670 cr during the quarter from Rs 6,950 cr a year ago

Two Kotak Mahindra Bank customers arrested

Two persons were arrested by the Crime Branch of the Delhi Police for depositing black money worth Rs 34 crore at a Kotak Mahindra Bank branch in New Delhi