Tag «Kotak Mahindra Bank»

KOTAK MAHINDRA BANK ANNOUNCES RESULTS

 Bank PAT for Q2FY17 Rs. 813 cr up 43% Consolidated PAT for Q2FY17 Rs. 1,202 cr up 28% Mumbai, October 25, 2016: The Board of Directors of Kotak Mahindra Bank (‘Kotak Bank’) took on record the unaudited standalone and consolidated results for Q2FY17, at the board meeting held in Mumbai, today.   Kotak Mahindra Bank …

Kotak Mahindra Bank Limited Acquires BSS Microfinance Private Limited

Mumbai, September 30, 2016: Kotak Mahindra Bank Limited (Kotak), today announced that it has executed binding share purchase agreement to acquire 99.49% of equity shares of BSS Microfinance Private Limited (BSS), a Non-Banking Finance Company, classified as a NBFC-MFI, from existing shareholders subject to regulatory and other approvals, including Reserve Bank of India. The acquisition …

Flipkart Now On Kotak Mahindra Bank’s Mobile Banking App

First Bank to offer seamless in-app shopping experience Mumbai, August 11, 2016: Kotak Mahindra Bank (KMB), today, announced the availability of Flipkart’s mobile site in its mobile banking app, which gives the customer a secure in-app shopping environment. KMB has been expanding the scope of offerings on its mobile banking app, and this move further …

KOTAK MAHINDRA BANK ANNOUNCES RESULTS

Bank PAT for Q1FY17 Rs. 742 cr Consolidated PAT for Q1FY17 Rs. 1,067 cr Mumbai, July 21, 2016: The Board of Directors of Kotak Mahindra Bank (‘Kotak Bank’) took on record the unaudited standalone and consolidated results for Q1FY17, at the board meeting held in Mumbai, today. Kotak Mahindra Bank standalone results Bank PAT for …

KOTAK MAHINDRA BANK ANNOUNCES RESULTS

Bank PAT for Q4FY16 Rs. 696 cr Consolidated PAT for Q4FY16 Rs. 1,055 cr   Mumbai, May 12, 2016 The Board of Directors of Kotak Mahindra Bank (‘Bank’ or ‘KMBL’) took on record the audited standalone and consolidated results for FY16 at the Board meeting held in Mumbai today.   The merger of ING Vysya …

Manic Monday! Nifty just afloat 5400 levels

19th August, 2013 : Comments by Amar Ambani, Head of Research, India Infoline   Manic Monday! Nifty just afloat 5400 levels The bear onslaught continued on day two, with the Nifty losing another 93 points led by a weakening rupee. The Nifty barely managed to hold on to the 5,400 mark. The Indian currency weakened to …

Nifty sinks below 6,000 on RBI liquidity scorcher

 24th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Nifty sinks below 6,000 on RBI liquidity scorcher Yet another couple of measures by the Reserve Bank to prop the rupee in less than 10 days left the Indian equity market running for cover on Wednesday. The central bank on Tuesday after …