Kotak Mahindra News
The domestic mutual fund Equity AUM increased by 27 per cent YoY to Rs 313,084 crore (as at March 31, 2025).
The latest interest rates on fixed deposits are effective from March 9, 2022.
The lender has noted that the Domestic, NRO, and NRE fixed deposit customers can book fixed deposits at the latest interest rates.
Bank of Baroda is offering home loans starting at 6.50%.
Bank of Baroda had recently cut its interest rates on home loans to 6.75%.
It is offering of the cheapest interest rates.
SBI, LIC Housing, Kotak Mahindra, PNB, Yes Bank and ICICI Bank have slashed their interest rates applicable on home loans.
Kotak said that the industry body will work with the government to save livelihood and getting out from the lockdown smoothly with more focus on healthcare and education.
Indian Energy Exchange plans to raise Rs 1,001 crore through its initial share sale offering. It has fixed a price band of Rs 1,645- 1,650 per share for its public issue.
Shares of the company are proposed to be listed on BSE and NSE.
Kotak Mahindra Bank on Wednesday said it is planning to double its customer base through its new mobile banking app called 8-11.
The court had on January 2 sent Rohit Tandon to 14 days judicial custody along with Kotak Mahindra bank manager Ashish Kumar and businessman Paras Lodha.
On December 10, during searches at a law firm in Greater Kailash in south Delhi, a Crime Branch team had seized Rs 13.65 crore, including Rs 2.60 crore in new notes.
The Enforcement Directorate on Wednesday arrested the manager of Kotak Bank branch in Delhi in connection with its money laundering probe in a criminal case of detection of nine alleged fake accounts with deposits worth Rs 34 crore post demonetisation.
The Income Tax Department on Friday raided Kotak Bank's KG Marg branch in connection with survey on 2 of its customers and related accounts.
As banks and ATMs on continue to witness chaos, famous novelist Chetan Bhagat on Saturday opined, while demonetisation might be well-intentioned, the poor execution of an idea leads to problems for ordinary citizens.
The apex bank, Reserve Bank of India, on Monday granted payments bank licence to telecom service provider Bharti Airtel, for which it had applied in partnership with Kotak Mahindra Bank, a company statement said here.
Kotak General Insurance has received permission to underwrite all classes of general insurance business (including health insurance).
Kotak Mahindra Bank today slashed its base rate by 0.25 percent to 9.50 per cent, effective October 5. The base rate cut has been possible on revisions in the deposit offerings in recent past and the bank will also be cutting its deposit rates marginally
Kotak Mahindra (International) Ltd today offloaded 3.51 per cent stake in tyre maker Ceat for an estimated Rs 113 crore through an open market transaction.
After falling 2 percent to Rs 1,263.75, shares of Kotak finally ended at Rs 1,290.90, up 0.09 percent on the BSE.
The stock slipped 1.83 percent to Rs 1,266 at the BSE.
Loading...