Page 2 - Kotak Mahindra

Kotak group firms, RattanIndia lend Rs 5 bn to Bengaluru housing project

RattanIndia and the Kotak subsidiaries have lent the money for a three million sq ft project, Adarsh Heaven

Kotak buys out Old Mutual's 26% stake for Rs 1,293 cr in insurance arm

With this transaction, Kotak Life will be fully owned by Kotak Mahindra Group

Kotak Mahindra Q2 net profit up 28% to Rs 1,202 crore

Net interest income increased by 17% to Rs 2,664 crore

Kotak Mahindra MF's AUM grows 18% to Rs 65k cr

Out of some Rs 13.5 lakh crore investments in mutual fund industry, some Rs 10 lakh crore investment is in debt and related instruments

Kotak Mahindra AMC launches Long Term Income facility

According to the scheme, investors can redeem 0.75% of their investments at the prevailing net asset value on a monthly basis

Kotak Mahindra Bank standalone net profit increases 32% on higher net income

On a consolidated basis, profit grew to Rs 1,055 cr against Rs 913 cr in Q4FY15

Kotak Mahindra Prime to raise Rs 50 crore via debentures

It intends to issue secured, redeemable, non- convertible debentures of the face value of Rs 10 lakh each

Kotak Mahindra Group, Canadian fund to invest $525-m in stressed assets

The group, along with Canadian fund, plans to invest in asset sales by banks to rejig, recover and turn around companies in distress