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Kotak Mahindra Bank
Kotak Mahindra Bank Net Worth is 7.9 $Billion. Kotak Mahindra Bank (BSE: 500247, NSE: KOTAKBANK) is an Indian financial service firm established in 1985. It was previously known as Kotak Mahindra Fina. Kotak Mahindra Bank (BSE: 500247, NSE: KOTAKBANK) is an Indian financial servi...

Kotak Mahindra Bank Net Worth is 7.9 $Billion.

Kotak Mahindra Bank Net Worth is 7.9 $Billion. Kotak Mahindra Bank is an Indian financial service firm established in 1985. It was previously known as Kotak Mahindra Fina Kotak Mahindra Bank is an Indian financial service firm established in 1985. It was previously known as Kotak Mahindra Finance Limited, a non-banking financial company. In February 2003, Kotak Mahindra Finance Ltd, the group's flagship company was given the license to carry on banking business by the Reserve Bank of India . Kotak Mahindra Finance Ltd. is the first company in the Indian banking history to convert to a bank. Today it has more than 20,000 employees and Rs. 10,000 crore in revenue.
Mr. Uday Kotak is Executive Vice Chairman & Managing Director of Kotak Mahindra Bank Ltd. In July 2011 Mr. C. Jayaram and Mr. Dipak Gupta, whole time directors of the Bank, were appointed the Joint Managing Directors of Kotak Mahindra Bank. Dr. Shankar Acharya is the chairman of board of Directors in the company.
The Bank has its registered office at Nariman Bhavan, Nariman Point, Mumbai.
It bought stressed assets from a number of banks, at full loan v...
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Kotak Mahindra Bank Latest News

Sell BEL, Jubilant Foodworks, Kotak Mahindra Bank: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com told CNBC-TV18, "I am bearish on BEL because the stock was facing a lot of resistance near Rs 1,250 for last two-three weeks. Yestrday it fell sharply and broke the support of Rs 1,200. Today it broke its 200-day moving ...
Posted: February 11, 2016, 12:48 am

Banks will be restored to health by March 2017, says Raghuram Rajan

Kotak Mahindra Bank on Thursday closed with a market cap of Rs 115,296.24 crore, while that of SBI was Rs 117,375.5 crore. He also said that they have gone through and done the asset quality review and have identified the full extent of the problem.
Posted: February 12, 2016, 8:30 am

Banking shares under selling pressure, BSE Bankex loses 3.8%

The bank reported 74% decline in net profit y-o-y. Kotak Mahindra Bank was the biggest loser among the lenders as its shares fell by 5.7% during the session. Shares of Punjab National Bank (PNB) and Axis Bank declined 4% each. PNB’s shares slumped close ...
Posted: February 11, 2016, 1:32 pm

HDFC Bank, Kotak Mahindra pip European majors in market capitalisation! Here’s how

India's second largest private lender and second most expensive bank globally, HDFC Bank has pipped Deutsche Bank to become more valuable, thanks to European financial stocks. The mayhem at the European financial stocks made HDFC Bank more valuable than ...
Posted: February 11, 2016, 12:09 am

Branches will expand, but digital will become equally big

Last year, Kotak Mahindra Bank Ltd acquired ING Vysya Bank Ltd, and it hopes to complete the integration by April this year, said Shanti Ekambaram, president—consumer banking at Kotak Mahindra Bank. Ekambaram and Kotak’s executive vice president and ...
Posted: February 11, 2016, 6:20 am
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