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Tuesday, September 28, 2021

kotak mahindra

KOTAK MAHINDRA NEWS

Home loan: Competition heats up as banks go on interest rate cutting spree

September 19, 2021 7:45 am

Although the Reserve Bank of India (RBI) has kept the policy rates unchanged at four per cent in the last seven review meetings, many banks last week slashed the home loan rates.

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.

Kotak Mahindra, RBI settle promoter stake tussle, voting rights to be capped at 15%

January 31, 2020 5:00 am

The bank has also decided to withdraw the writ petition filed by it in the Bombay High Court against the RBI. The promoters — Uday Kotak — currently hold 29.96 per cent stake in the company.

Kotak Mahindra, Reliance Communications told to pay Rs 23 lakh to cyber fraud victim

October 08, 2018 1:00 am

The case pertains to Manu Bharadwaj (46), a Navi Mumbai resident, whose mobile phone number was tampered with and fraudulent transactions of over Rs 23.75 lakh were made from his bank account in August 2013.

ING Vysya-Kotak Mahindra merger gets RBI approval

April 02, 2015 1:46 am

Following the merger, all the tangible and intangible assets have been transferred to Kotak Mahindra Bank.

Sebi fines 6 merchant banks for lapses in CARE IPO

November 29, 2014 1:23 am

The six merchant banks have been asked to pay a fine of Rs 1 crore.

Kotak Mahindra Bank to buy 15 pct stake in MCX

July 20, 2014 9:57 pm

Kotak will purchase the stake from bourse operator Financial Technologies (India) Ltd and the deal is subject to regulatory approvals.

Trai warns Axis Bank,Citi,HDFC Bank,ICICI Bank,others

September 24, 2013 3:05 am

India’s top seven public and private sector banks were rapped by the telecom regulator.

Fund manager

August 19, 2013 3:48 am

We like this fund for its consistent performance over market cycles.

IOC,CIL issues among first lot of stake sale proposals

May 10, 2013 4:38 am

Both big-ticket issues to hit market in first half of the fiscal.