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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

Key takeaways from Kotak Mahindra's 30th AGM

Kotak, Executive Vice-chairman and Managing Director of Kotak Mahindra Bank, said there has been some action since the Modi government came into power but it is time people lowered their expectations. Speaking at the bank's 30th annual general meeting (AGM ...
Posted: June 29, 2015, 6:24 am

Initiation on Kotak Mahindra Bank

Suruchi Jain is an equity research analyst on Morningstar's India team, based in Mumbai. She covers consumer, banking and pharmaceutical stocks listed in India. We are initiating our coverage of Kotak Mahindra Bank with an intrinsic valuation of Rs 1,171 ...
Posted: June 24, 2015, 4:57 am

Kotak Mahindra Bank gets shareholders approval for 1:1 bonus share

The annual general meeting held today has approved issuance of "bonus shares in the proportion of one equity share for every equity share of face value Rs 5 held by such person on the record date," Kotak Mahindra Bank said.
Posted: June 29, 2015, 8:37 am

Kotak Mahindra Bank likely on MCX search panel

Grapevine has it that Kotak Mahindra Bank, which owns 15% in leading commodity bourse MCX, might have representation on the selection committee to be constituted by the exchange's board to appoint an MD & CEO. This development comes even as the Kotak group ...
Posted: June 26, 2015, 9:55 pm

Kotak Mahindra Bank : ING merger will give Kotak scale to build on cost advantages and generate high fee income

We are initiating our coverage of Kotak Mahindra Bank with an intrinsic valuation of INR 1,171 per share. Our fair value represents 3.2 times 2016 book value per share, and 22 times our fiscal 2016 diluted earnings per share estimate of INR 53.4. Our cost ...
Posted: June 22, 2015, 4:58 am
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