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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 Q3 profit rises 37% to Rs 464.5 cr

Kotak Mahindra Bank 's third quarter standalone profit after tax surged 36.6 percent year-on-year to Rs 464.5 crore, aided by strong other income and lower provisions. Standalone numbers include only banking operations. Net interest income, the difference ...
Posted: January 19, 2015, 11:52 pm

Kotak Mahindra launches social savings bank account

COIMBATORE: Kotak Mahindra Bank today launched Jifi Saver, a social savings bank account which can be seamlessly managed via Twitter and Facebook,in this region. Developed for today's tech savvy and socially connected consumers with an active digital life ...
Posted: January 20, 2015, 8:10 am

Kotak Mahindra Bank: Banking biz keeps the faith

KMB’s Q3FY15 consolidated PAT missed our estimate by 6%. While banking business’ profits were in line, aided by strong loan (+22% y-o-y) and fees (+45% y-o-y in Q3/9M) growth, continued competitive pressure on other businesses (R2.5 bn, flat y-o-y ...
Posted: January 25, 2015, 2:08 pm

Kotak Mahindra Bank Q3 profit up 21% riding on other income

Mumbai: Kotak Mahindra Bank Ltd on Tuesday said consolidated net profit in the December quarter rose 21% to Rs.717 crore from Rs.591 crore in the same period a year ago, on higher fees from debt markets, foreign exchange trading and mutual fund distribution.
Posted: January 19, 2015, 10:30 am

Kotak Mahindra Bank’s net up 37% on robust biz

Driven by robust other income and lower provisions, Kotak Mahindra Bank’s net profit for the quarter ended December jumped 37 per cent to Rs 465 crore against Rs 340 crore in the year-ago quarter. Net interest income — the difference between interest ...
Posted: January 20, 2015, 2:50 pm
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