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Tag "Kotak Mahindra Bank"

Kotak Mahindra Bank logs 11% growth in Q3 net profit

Kotak Mahindra Bank logs 11% growth in Q3 net profit

🕔17:25, 25.Jan 2021

Mumbai, Jan 25  Kotak Mahindra Bank on Monday reported a 10.76 per cent increase in its consolidated net profit for the October-December quarter at Rs 2,601.67 crore. During the same quarter last fiscal, the bank had reported a net profit

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Kotak Mahindra bank launches cardless cash withdrawal from ATMs

Kotak Mahindra bank launches cardless cash withdrawal from ATMs

🕔17:47, 24.Aug 2020

Mumbai, Aug 24  In yet another innovation during Covid-19 times, Kotak Mahindra Bank (Kotak) on Monday launched the Cardless Cash Withdrawal Facility through ATMs. Under this unique facility, Kotak account holders can make cash withdrawals as well as remit money

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Kotak Mahindra Bank, CEO commit Rs 50 cr to PM-CARES Fund

Kotak Mahindra Bank, CEO commit Rs 50 cr to PM-CARES Fund

🕔09:32, 30.Mar 2020

New Delhi, March 30  Kotak Mahindra Bank and its CEO Uday Kotak have together committed a total of 50 crore to the PM-CARES Fund for the fight against the coronavirus pandemic. In a tweet on Sunday, the bank said: “Kotak

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HDFC Bank, Kotak join Yes Bank rescue plan

HDFC Bank, Kotak join Yes Bank rescue plan

🕔21:28, 13.Mar 2020

Mumbai, March 13  HDFC Bank and Kotak Mahindra Bank joined the private banks which have come to the rescue of the crisis-hit Yes Bank. HDFC Bank on Friday said that its board has approved an investment of Rs 1,000 crore

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RBI agrees to cap promoters’ voting rights in Kotak Bank to 20%

RBI agrees to cap promoters’ voting rights in Kotak Bank to 20%

🕔11:48, 31.Jan 2020

Mumbai, Jan 30 Kotak Mahindra Bank on Thursday said that RBI has accepted capping promoters’ voting rights in the bank to 20 per cent of paid-up voting equity share capital until March 31, 2020 and that it is withdrawing its

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RBI slaps Rs 2 cr penalty on Kotak Mahindra Bank

RBI slaps Rs 2 cr penalty on Kotak Mahindra Bank

🕔07:33, 8.Jun 2019

Mumbai, June 8  The Reserve Bank of India (RBI) on Friday imposed a penalty of Rs 2 crore on Kotak Mahindra Bank for not complying with the central bank’s directions to furnish details of its promoter shareholding. The bank was

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Kotak Mahindra Bank’s standalone Q4 net profit up 25%

Kotak Mahindra Bank’s standalone Q4 net profit up 25%

🕔07:00, 1.May 2019

Mumbai, May 01  Kotak Mahindra Bank on Tuesday reported a rise of 25 per cent in its net profit for the fourth quarter (Q4) of 2018-19. According to the lender, its net profit during the quarter under review rose to

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