[ad_1] Kotak Mahindra Bank will temporarily suspend certain debit card services on February 5 and February 12 due to a scheduled maintenance activity aimed at upgrading its banking systems. The bank notified customers via email, advising them to plan their transactions in advance to avoid disruptions. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest […]
Kotak Mahindra Bank acquires personal loan book of StanChart’s India unit for ₹3,330 cr – CNBC TV18
[ad_1] Mumbai-headquartered Kotak Mahindra Bank said on Thursday it acquired the personal loan book of Standard Chartered Bank, India, for ₹3,330 crore. Company Value Change %Change “We refer to our intimations dated October 18, 2024 and November 27, 2024 in relation to the proposed acquisition by the Bank of the Personal Loan book of Standard […]
Best-performing private lender beats Kotak Mahindra Bank in valuation – CNBC TV18
[ad_1] ICICI Bank — the second largest private lender — has overtaken Kotak Mahindra Bank in valuation after the latter’s shares plunged the most since June 4. The stock of Kotak Mahindra Bank slumped more than 4% in Monday’s (October 21) trade after the net interest margin (NIM) of the bank contracted 11 basis points […]
Kotak Mahindra Bank Q2 results preview: Net profit expected to rise 10% – CNBC TV18
[ad_1] Kotak Mahindra Bank is set to announce its second quarter results on Saturday (October 19). Analysts project growth in key financial metrics compared to the previous year. They expect the bank’s net interest income (NII) to reach ₹6,996.9 crore, representing an 11.1% increase from ₹6,296.6 crore. Profit after tax (PAT) is anticipated at ₹3,513 […]