Kotak Mahindra Bank Q1 net profit falls 26% to Rs 517 crore

Last Updated: Thursday, July 30, 2015, 17:26

The bank had reported a net profit of Rs 696.70 crore in the April-June quarter of last fiscal, it said in a BSE filing.

Bank stocks gain up to 4% on simplified FDI rules

Last Updated: Thursday, July 16, 2015, 18:34

Bank stocks on Thursday gained up to 4 percent following the government's move to simplify foreign investment regime that boosted investor sentiment.

Kotak Bank gets FIPB nod to raise fgn investment limit to 55%

Last Updated: Friday, July 3, 2015, 18:30

FIPB had deferred a decision on the proposal in the past.

Kotak Bank lowers base rate to 9.75%

Last Updated: Wednesday, July 1, 2015, 16:38

"Kotak Bank has reduced its base rate from current level of 9.85 per cent per annum to 9.75 per cent per annum with effect from July 2," the city-based lender said in a statement.

Kotak Mahindra Bank gets shareholders' nod for 1:1 bonus share

Last Updated: Monday, June 29, 2015, 19:02

Shareholders on Monday gave approval to Kotak Mahindra Bank's proposal for issuance of bonus shares.

Bank stocks witness selling pressure

Last Updated: Friday, June 26, 2015, 19:35

Bank stocks on Friday witnessed a selling pressure after the Financial Stability Report said that asset quality deterioration is likely to continue for a few more quarters.

Kotak Mahindra Bank shares down 2%

Last Updated: Tuesday, June 16, 2015, 12:55

The stock slipped 1.83 percent to Rs 1,266 at the BSE.

Kotak Mahindra Bank, ING Bank sign MoU for cross-border biz

Last Updated: Friday, June 5, 2015, 20:24

Private sector Kotak Mahindra Bank on Friday inked a pact with ING Bank for exploring opportunities arising from cross-border business, investments and trade flows across various geographies, including Europe.

FIPB defers Kotak Bank's proposal to hike FDI limit

Last Updated: Thursday, May 28, 2015, 19:22

FIPB Thursday deferred a proposal of Kotak Mahindra Bank to increase foreign investment limit to 55 percent.

FIPB to consider Kotak Bank's FDI proposal today

Last Updated: Thursday, May 28, 2015, 08:56

Inter-ministerial body FIPB will on Thursday take up Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent, along with 47 other FDI applications.

Kotak Mahindra shares surge 6.5%; m-cap jumps Rs 26,567.61 crore

Last Updated: Tuesday, May 5, 2015, 18:24

Stocks of Kotak Mahindra Bank on Tuesday surged over 6.5 percent, adding Rs 26,567.61 crore to its market valuation, after it reported 37.5 percent jump in consolidated net profit for the quarter ended March 31, 2015.