Zaggle Prepaid shares jump 2.5% on Rs 950 crore fundraise plansIn addition to the fundraising approval, the company also announced the appointment of Virat Sunil Diwanji as a Non-Executive, Non-Independ...
31 Oct, 2024, 09.35 AM IST
Zaggle appoints former Kotak Mahindra Bank executive to boardZaggle Prepaid Ocean Services in Mumbai has appointed Virat Sunil Diwanji, the former Head of Consumer Banking at Kotak Mahindra Bank, as a...
07 Oct, 2024, 09.09 PM IST
Kotak Mahindra Bank to add up to 200 branches in FY25Kotak Mahindra Bank plans to open 175-200 new branches in FY 2024-25, following a ban by the RBI on acquiring new digital customers due to ...
24 Jun, 2024, 11.53 AM IST
Kotak Mahindra adds UPI interoperability feature to its Digital Rupee appKotak Mahindra Bank has introduced a UPI interoperability feature on its Digital Rupee (e₹) application as part of the RBI's CBDC pilot pro...
31 Aug, 2023, 01.07 PM IST
What is Kotak Active Money Service? Virat Diwanji explainsToday, as the interest rate rises and the gap between the savings interest rate and the interest rate or the earning rate on some other inv...
26 Jun, 2023, 04.00 PM IST
Rs 2,000 note withdrawal: Kotak Mahindra Bank garners deposits of Rs 5,400 croreKotak Mahindra Bank has said that it has attracted INR54bn ($790m) in deposits as a result of the Reserve Bank of India's withdrawal of INR...
16 Jun, 2023, 12.09 PM IST
Kotak Mahindra Bank hikes interest rates of fixed deposits by up to 0.25%The move comes a day after the Reserve Bank of India delivered another interest rate hike of 0.25 per cent on Wednesday. Deposit rates gene...
09 Feb, 2023, 09.16 PM IST
Quick impact: Kotak Bank raises FD rates on heels of RBI rate hikeKotak Mahindra Bank on Thursday announced a rate increase in fixed deposit interest rates across multiple tenor baskets for retail customer...
05 May, 2022, 08.59 PM IST
Bank branches may not survive e-wave delugeBanks are increasingly shifting to digital-only formats and diverting their staff towards a more retail-centric approach.
24 Oct, 2017, 09.54 AM IST
Kotak Mahindra Bank expects 20% credit growth in FY17The Uday Kotak-led bank had posted a consolidated net profit of Rs 2,090 crore, in 2015-16, up from Rs 1,866 crore in the preceding fiscal.
06 Jun, 2016, 03.47 PM IST
Bank branches could grow by as much as 20% in fiscal '17Bank branches could grow by as much as 20% as there’s a need to sell many financial products since that’s the only way to exploit the risin...
31 Mar, 2016, 10.11 AM IST
Kotak Mahindra Bank launches 'Kotak Junior' in SaurashtraKotak Mahindra Bank today launched its 'Kotak Junior' saving accounts programme in Saurashtra region, a senior bank official said here.
04 Sep, 2013, 04.55 PM IST
Kotak Mahindra Bank to add 100 branches this fiscalKotak Mahindra Bank (KMB) will add 100 branches to its present 450 during the current fiscal, a top KMB official said today.
28 Aug, 2013, 05.21 PM IST
Kotak Mahindra Bank to open 100 new branches in FY 2014Kotak Mahindra Bank is planning to open 100 new branches across the country in the current fiscal year, according to a top executive.
01 Aug, 2013, 06.42 PM IST
NRIs, get ready to order new India cheque booksRBI has introduced a new format for cheques, the CTS-2010 Standard as part of its measures for enhancement of security features.
31 Dec, 2012, 07.48 PM IST
- Savings bank deposits of Kotak Mahindra up by 68 per cent
The Savings Banks deposits of Kotak Mahindra Bank has witnessed a 68 per cent growth after deregulation of SB interest rate, which was effe...
24 Sep, 2012, 10.32 PM IST
- Kotak Mahindra Bank upgrades online remittance portal for NRIs
Eyeing a greater share of the remittances pie from the diaspora, private sector lender Kotak Mahindra Bank has upgraded its online remittan...
20 Sep, 2010, 05.47 PM IST