Uday Kotak’s sudden resignation on Saturday took the investor community by surprise. Kotak Mahindra Bank, with a market cap of `3.51 lakh c...

In a handwritten letter, accessed by TOI, addressed to the bank's chairman, Prakash Apte, Uday Kotak stated, "I have mulled over this decis...

Private lender Kotak Mahindra Bank refuted claims made in a news report which claimed the Reserve Bank of India wanted the bank to select s...

Earlier in February this year, the bank had informed that the RBI had given its approval in relation to dilution of promoters' shareholding...

The price band for the share was fixed at Rs 1,215 to Rs 1,240 apiece, PTI reported.

RBI has been reworking the shareholding norms to ensure parity among all players.

The promoters held 29.96 per cent stake in the bank as of December 31 last year.

The Central Bank said that the action is based on the deficiencies in regulatory compliance.

The founder of Mumbai-based Kotak Mahindra Bank Ltd. has seen his wealth nearly triple since March 2014.

The development led to a fall in Kotak’s share price on Monday.

After a nine-hour meeting held on Monday, the board took a slew of steps including a restructuring scheme for MSME borrowers with credit fa...

The shares were sold to a diverse range of domestic and foreign investors.

The stake sale by Uday Kotak, Vice Chairman and Managing Director of the private sector lender, is part of an effort to comply with RBI's d...

As per BSE data, promoter shareholding in Kotak Mahindra Bank as on December 31, 2016 stood at 33.61 per cent.

“Let us wait and watch what batting technique the governor wants to deploy in his first policy and keep in mind that this is not just a RBI...

"India has a great opportunity to pace itself steadily and build more sustainable growth rather than a quick up and quick down."

I would still be of the view that sometime in the first half of 2015 calendar, we could see a rate action from the RBI.