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Kotak-ING Vysya merger gets shareholders' approval

Last Updated: Thursday, January 8, 2015, 12:26

The approval came amidst protest from ING Vysya Bank employees.

ING Vysya employees protest over merger with Kotak

Last Updated: Wednesday, January 7, 2015, 16:11

Employees unions of ING Vysya Bank today staged a protest here with demands for 'job security' in the wake of its merger with Kotak Mahindra Bank.

Davos 2014: Time for central banks to take a hard look at bitcoins, says Kotak

Last Updated: Sunday, January 26, 2014, 17:26

As Bitcoins and other virtual currencies become more popular, prominent banker Uday Kotak says central banks, including India's RBI, would have to take a hard look at this phenomenon and take a decision on the future of such currencies.

Kotak Mahindra Bank Q3 net marginally up at Rs 591 crore

Last Updated: Tuesday, January 21, 2014, 16:19

Private lender Kotak Mahindra Bank Tuesday reported a marginal rise of 2.4 percent in consolidated net profit at Rs 591.25 crore for the third quarter ended December 2013.

Kotak Bank says seeing fall in home loan book growth

Last Updated: Sunday, December 29, 2013, 19:58

Private sector lender Kotak Mahindra Bank is witnessing a sizable reduction in its home loan book growth in the current fiscal at 10-15 percent levels on poor consumer sentiment, a senior official has said.

Kotak Mahindra Bank raises benchmark lending rate by 0.25%

Last Updated: Monday, August 12, 2013, 22:12

Kotak Mahindra Bank Monday raised benchmark lending rate by 0.25 percent to 10 percent making costlier the home, auto, corporate and other loans linked with base rate or the minimum lending rate.

Kotak Mahindra Bank to open 100 new branches in FY 2014

Last Updated: Thursday, August 1, 2013, 19:22

Kotak Mahindra Bank is planning to open 100 new branches across the country in the current fiscal year, according to a top executive.

Kotak Mahindra Bank Q1 net up 43% at Rs 403 cr

Last Updated: Thursday, July 18, 2013, 20:55

Private sector lender Kotak Mahindra Bank Thursday reported a 43 percent rise in its standalone net profit at Rs 403 crore in the first quarter of current financial year, on the back of a sound rise in core income and credit growth.

No plan to trim saving deposit rate from 6%: Kotak Bank

Last Updated: Thursday, June 20, 2013, 18:37

Private sector lender Kotak Mahindra Bank is unlikely to reduce its savings bank deposit rate this fiscal, a top official said Thursday.

Kotak Bank acquires Barclays' SME lending business

Last Updated: Tuesday, February 5, 2013, 20:14

Kotak Mahindra Bank today acquired Barclays India's business loans portfolio or SME lending business worth about Rs 700 crore for an undisclosed amount.

Kotak Bank's savings bank deposits up 68% in Q1

Last Updated: Wednesday, September 12, 2012, 22:20

The savings bank deposits have grown to Rs 5,540 crore as of the June quarter from Rs 3,307 crore a year ago, bank's Executive Vice-President Virat Diwanji said here.

Provisions, bad loans mute Kotak Bank net at 11%

Last Updated: Thursday, July 19, 2012, 20:40

The city-headquartered bank had posted a standalone net of Rs 252 crore during the April-June period last fiscal.