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Kotak Mahindra group
KOTAK MAHINDRA GROUP NEWS
Former Mahindra chairman Keshub Mahindra passes away at 99
April 13, 2023 12:36 am
Keshub Mahindra became the chairman of Mahindra & Mahindra in 1963. He played a major role in taking the Mahindra group to the top league in the automobile industry in the 90s and 2000s.
Kotak Mahindra Bank arm raises $1.25 bn for second special situations fund
March 28, 2023 12:21 pm
Abu Dhabi Investment Authority, Singapore's GIC and family office Premji Invest, who were among the backers for the first fund, have committed money for the second fund as well.
India’s long-term growth story will excite investors: Kotak MF’s Nilesh Shah
March 07, 2023 7:11 pm
In an interview with Hitesh Vyas, he said that India’s journey from $3 trillion to $30 trillion will continue to excite investors, and the country will soon surpass Japan and Germany to become the third-largest economy.
No systemic risk to Indian financial system from recent events: Uday Kotak
February 06, 2023 12:09 am
His comment comes a day after the Finance Minister Nirmala Sitharaman said that the sell-off in the Adani Group companies has not affected India’s image and its macro-economic fundamentals
Kotak Mahindra Bank staffer arrested over ‘cheating’ allegations
April 11, 2022 2:07 am
The accused has been identified as Alankar Khare, a loan officer of Kotak Mahindra Bank.
Who is Ashneer Grover, the BharatPe co-founder, MD?
January 20, 2022 6:58 pm
BharatPe's co-founder and managing director (MD) Ashneer Grover went on a voluntary leave till March-end. We take a look at the journey of the famous fintech entrepreneur and the recent controversy.
‘Abusive call’: Kotak plans legal action against fintech firm founder
January 10, 2022 8:23 am
🔴 Kotak Mahindra Bank on Sunday said it is pursuing "appropriate legal action" against Ashneer Grover and his wife Madhuri in connection with the “inappropriate language” in a call allegedly made by Grover with an employee of the Kotak Group.
Kotak Mahindra Life Insurance arm expects to incur up to Rs 275 crore loss in June qtr
June 17, 2021 3:35 pm
"Due to increased claims and higher mortality related provisioning arising on account of the second wave, the company expects to incur a loss for the quarter ended June 2021 in the estimated range of Rs 225-275 crore on shareholder's account," Kotak Mahindra Life Insurance Company said in a regulatory filing.
Stuck with huge exposure to IL&FS Transportation and Essel Group, Kotak MF sends SoS to investors
April 11, 2019 4:06 am
Investors of Kotak FMP Series 183 were told that almost 27% of the scheme corpus of Rs 457 crore is invested in three troubled entities facing liquidity crisis.
Special Situations Credit Fund: Kotak, Canada fund to invest $525 mn in stressed assets
March 15, 2016 1:46 am
Will have mandate to invest in bank NPAs and structured debt given to firms.
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