Diabytes
Kotak Mahindra Bank News
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Noida Man's Bank Balance Discovery
Deceased Mom's bank a/c credited
Astronomical Rs 1.13 lakh crore credited
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SBI and Kotak Mahindra Bank are suspending key digital services like UPI and net banking for maintenance. SBI’s downtime on July 16 is complete, while Kotak’s services will be affected on July 17, 20, and 21.
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The domestic mutual fund Equity AUM increased by 27 per cent YoY to Rs 313,084 crore (as at March 31, 2025).
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The bank reported net interest income for the quarter to Rs 7,020 crore, from Rs 6,297 crore in Q2 FY24, up 11 per cent YoY.
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Other bank stocks also declined on Tuesday, with Bank of Baroda slumping 2.65 per cent, IndusInd Bank (1.89 per cent), State Bank of India (1.87 per cent), ICICI Bank (1.79 per cent), Canara Bank (1.69 per cent) and more.
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BharatPe co-founder Ashneer Grover has taken dig at RBI's recent clamp down on Banks and Fintech companies.
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The RBI said it took the action under Section 35A of the Banking Regulation Act, 1949.
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HDFC Bank on Tuesday reported a 2.65 per cent rise in consolidated net profit of Rs 17,258 crore for the October-December period against Rs 16,811 crore in the preceding September quarter.
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Cello World makes things for your home and office. They have stuff like pens, stationery, furniture, and glassware. They make a lot of different products.
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Ashoka Vaswani will replace Uday Kotak as the next CEO of Kotak Mahindra Bank after RBI had approved the recommendation.
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Let’s delve deeper to read more about Uday Kotak’s journey to build a big financial institute in India, providing 1 lakh direct jobs and competing against giants Goldman Sachs and JP Morgan.
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Uday Kotak founded Kotak Mahindra bank 38 years ago with 3 employees in a 300 sqft office in Fort, Mumbai. It is now become a big financial institution, competing against JP Morgan and Goldman Sachs.
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The Bank`s operating expenses rose 25.33 per cent to Rs 5,371.32 crore in the reviewed quarter (October-December) from Rs 4,285.57 crore in the corresponding period during the previous year.
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The Kotak Mahindra Bank server is down today.
Customers are not able to do any type of transaction.
Kotak Mahindra Bank responds that they are working to resolve the issue.
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SBI has revised the MCLR for the benchmark one-year tenor to 7.95 per cent, up by 25 basis points from previous rate.
The one-year tenor MCLR is the rate against which most of the consumer loans are tied to.
Kotak Mahindra Bank said the MCLR for various tenors has been set in the range of 7.70-8.95 per cent with effect from October 16, 2022.
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Country's largest lender State Bank of India (SBI) has revised the MCLR for the benchmark one-year tenor to 7.95 per cent, up by 25 basis points from previous rate. SBI said the new MCLR is effective from October 15, 2022.
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