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JAIMIN BHATT
Kotak rebuilds top leadershipMilind Nagnur will be elevated to chief operating officer starting April 1, 2024. He will continue to be the bank's chief technology office...- Kotak Mahindra Bank announces changes in senior management, re-designates KVS Manian as Joint MDKotak Mahindra Bank has announced changes in its senior management. KVS Manian has been appointed as the new Joint MD starting from March 1...
- India's private banks hold on to loan growth target despite growing headwindsIndian private banks anticipate that loan growth will remain in the "high teens" over the next fiscal year, despite challenges in raising d...
- India's Kotak Mahindra Bank misses Q3 profit view on higher loan provisionsThe private bank reported standalone net profit of 30.05 billion rupees ($361.7 million) in the quarter ended Dec. 31, compared to analysts...
- Campus Fund, which invests in student-led startups, raises $10 millionLaunched in July 2020, Campus Fund employs students as investors, who scout, evaluate and also get a seat in the decision-making with regar...
- Kotak Bank Q3 profit rises 15% on brisk loan growth from retail segmentNet profit increased to Rs 2,131 crore, up from Rs 1,854 crore a year ago largely due to 18 per cent growth in advances on the back of a br...
- Preference issue to help meet RBI guidelines on promoter’s stake: Jaimin Bhatt, Kotak Mahindra Bank"It is a perpetual preference share. It is non-voting, non-convertible and non-cumulative."
- Kotak's 'interesting move' may remove overhang from bank sharesDespite the latest reduction, Kotak’s equity ownership in the bank is unchanged at 30 per cent.
- Our saving deposits have grown by up to 40% in last 4-5 years: Jaimin Bhatt, Kotak BankIf you look at it the total capital, which we are talking about even the full number it is a dilution of 3.3% so it is not a large number.
- Kotak Bank Q2 net profit at Rs 942 crorePrivate player Kotak Mahindra Bank today reported consolidated net profit of Rs 942 crore for the second quarter ended September 30, 2015-1...
- Home loan, car loan and personal loan rates will come down: Jaimin Bhatt, CFO, Kotak Mahindra BankA rate cut of 25 bps will not mean a change in EMI of more than a couple of Rs 100 a month. For home loans it does make a difference, says ...
- Reserve Bank of India nods approves Kotak Mahindra Bank's acquisition of ING Vysya BankWith this, Kotak is set to become fourth largest private sector lender. The scheme of amalgamation has come into effect from April 1 this y...
- Kotak Bank Net rises just 7% as auto lending still strugglesThe gross NPAs improved to 1.88 per cent against 1.98 per cent, while net NPAs improved to 0.98 per cent against 1.08 per cent.
- Kotak Bank Q2 net up 2 pc% on higher interest income, marginThe total income increased to Rs 2,469.46 crore in the second quarter ended September 30 from Rs 2,174.50 crore a year ago.
- Singapore Heliconia to acquire 2.6% stake in Kotak BankPrivate sector lender Kotak Mahindra Bank said on Friday that Singapore's Heliconia Pte Ltd will buy 2.6% in the bank for .
- Singapore's Heliconia to buy 2.6% in Kotak Mahindra Bank for Rs 1,296 crorePrivate sector Kotak Mahindra Bank today said Singapore's Heliconia Pte Ltd will buy 2.6 per cent stake in the bank for Rs 1,296 crore.
- Lower bad loans lift Kotak Mahindra Bank net 27%Kotak Mahindra Bank on Thursday reported 27% year-on-year growth in April-June net profit helped by lower provisioning for bad loans.
- KMB Q3 PAT up 16 pc, warns of likely margin pressure in Q4The bank had a provision coverage of 72 per cent on NPAs while the share of the cheaper CASA (current and savings account) deposits remaine...
- Kotak Bank consolidated Q2 net up 21 pc to Rs 364 crPrivate sector lender Kotak Mahindra Bank (KMB) on Wednesday reported a 21 per cent jump in consolidated net profit to Rs 364 crore for the...
- Kotak Mahindra to raise $300 mnKotak Mahindra Bank is likely to hit the market with a fresh issue of over $300 million in the third quarter of the current financial year.
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