Kotak Mahindra Bank to acquire Deutsche Bank's India retail banking businessKotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private banking, and wealth management op...
30 Jun, 2026, 05.43 PM IST
Private banking sector flux: CFO departures and leadership uncertainty amid regulatory changesIndia's banking sector is experiencing significant leadership shifts, with multiple CFOs and senior executives departing private banks and ...
30 Jun, 2026, 07.35 AM IST
Kotak Mahindra Bank shares fall 3% after CEO's surprise exit. What Nomura, Jefferies saidAnalysts at Nomura and Jefferies, however, maintain 'Buy' ratings, with Nomura highlighting Anup Kumar Saha as a strong internal candidate....
29 Jun, 2026, 10.17 AM IST
Ashok Vaswani to step down as Kotak Mahindra Bank MD & CEO; bank begins search for successorIn a surprising announcement, Ashok Vaswani, CEO and Managing Director at Kotak Mahindra Bank, has decided to step down on December 31, 202...
27 Jun, 2026, 04.23 PM IST
Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO saysKotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel...
23 Jun, 2026, 04.30 PM IST
Kotak CEO flags IDBI valuation concerns as privatization dragsIDBI Bank, backed by Life Insurance Corp. of India, reported quarterly earnings that missed estimates on Thursday, adding another layer of ...
03 May, 2026, 10.16 AM IST
Billionaire-backed Kotak Bank open to deals as CEO touts capitalKotak Mahindra Bank is exploring acquisitions to deploy its surplus capital and expand its scale, CEO Ashok Vaswani said. The lender has a ...
10 Mar, 2026, 08.40 AM IST
Kotak Mahindra Bank aims asset growth at up to 2x India’s nominal GDP: CEO Ashok VaswaniKotak Mahindra Bank aims for significant asset growth, targeting 1.5 to 2 times India's nominal GDP, despite challenges like RBI's tech emb...
09 Jul, 2025, 10.57 PM IST
What caused 14% degrowth in Kotak Mahindra’s quarterly profit? Ashok Vaswani explainsKotak Mahindra Bank faced microfinance sector challenges, impacting quarterly profits. Following a technology embargo, the bank launched ne...
05 May, 2025, 11.10 AM IST
Kotak Mahindra aiming to be no 3 private bank by profit, says bank's MD & CEO Ashok VaswaniKotak Mahindra Bank, led by CEO Ashok Vaswani, aims to become the third-largest private lender in India by 2030. The bank is open to acquis...
01 Oct, 2024, 01.23 PM IST
Kotak MD, CEO Ashok Vaswani guides for a hit of up to ₹400 cr from RBI curbsKotak Mahindra Bank's CEO discusses potential impact of RBI restrictions on profitability. The bank prioritizes prudence in credit growth a...
06 May, 2024, 12.09 AM IST
Ashok Vaswani assumes charge as Kotak Bank's MD and CEOVaswani, a seasoned banker with experience at Barclays and Citigroup, is known for his role as a 'digital evangelist' at Barclays, where he...
02 Jan, 2024, 12.21 AM IST
Board of Kotak Mahindra Bank appoints Ashok Vaswani as MD and CEO of bankThe board of directors at their meeting on Friday appointed Vaswani as a Director and Managing Director and CEO and a Key Managerial Person...
17 Nov, 2023, 06.24 PM IST
Kotak Mahindra Bank board approves Ashok Vaswani's appointment as MD & CEOAshok Vaswani has been approved as the Managing Director and CEO of Kotak Mahindra Bank for a three-year term starting from January 1, 2024...
17 Nov, 2023, 11.44 AM IST
Kotak Mahindra Bank's new outsider CEO Ashok Vaswani seen as break from billionaire founderIn a rare move for an Indian lender, Kotak went outside its own ranks with the selection of Ashok Vaswani as chief executive officer. Some ...
25 Oct, 2023, 10.59 AM IST
Meet 'digital eagle' Ashok Vaswani, who is set to be Kotak Mahindra Bank's first non-promoter chiefVaswani will be the second full-time CEO at Kotak Mahindra Bank that began as a bill-discounting firm in the 1980s and converted into a ful...
22 Oct, 2023, 10.18 AM IST
Kotak Bank gets RBI nod to appoint Ashok Vaswani as MD & CEO for 3 yearsVaswani has more than three decades of experience in the banking sector. He was Chief Executive Officer of Barclays Bank, UK, and subsequen...
21 Oct, 2023, 03.27 PM IST