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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

Kotak Mahindra Bank reports 23% rise in Q1 net profit, misses estimates

Private sector lender Kotak Mahidnra bank posted a 23 per cent jump in Q1 net profit buoyed by higher interest and fee income. Meanwhile, the net interest margin came in at 4.5 percent, a tad higher than 4.4 percent year on year. The lender had reported Rs ...
Posted: July 20, 2017, 1:59 pm

Kotak Mahindra Bank Q1FY18 standalone net profit rises 23% yoy to Rs.912 crore : Misses Estimates

Kotak Mahindra Bank reported its Q1FY18 results earlier today. It is the fourth largest Indian private bank in terms of market capitalization. The banks result misses the street estimate on net profit .NII was marginally higher than the estimated figure of Rs.
Posted: July 19, 2017, 10:44 pm

Kotak Mahindra Bank Q1 net up 26% at Rs 1,347 cr

Kotak Mahindra Bank has posted a 26% increase in consolidated net profit for the quarter ended June 30, 2017 at Rs 1,347 crore compared with Rs 1,067 crore in the same quarter previous fiscal. Net interest income for the bank during the quarter grew 17.1% ...
Posted: July 20, 2017, 11:19 am

Kotak Mahindra Bank Q1 profit rises 23% to Rs912.73 crore

Kotak Mahindra Bank’s first quarter profit rose to Rs1,346.82 crore from Rs1,067.1 crore a year ago Mumbai: Kotak Mahindra Bank Ltd on Thursday reported a 26.2% increase in consolidated quarterly net profit from a year ago as it benefited from loan ...
Posted: July 20, 2017, 9:04 pm

Kotak Mahindra Bank Q1 net profit rises 23% to Rs 913 cr

With total income growing at a faster clip than total expenses, Kotak Mahindra Bank reported a 23 per cent increase in first quarter standalone net profit. The private sector bank reported a net profit of ₹913 crore in the reporting quarter (Q1) ended ...
Posted: July 20, 2017, 10:52 pm
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