New Delhi: The Board of Directors in its meeting held today announced the appointment of Mr. Jaideep Hansraj, currently Managing Director of Kotak Securities Limited (“KSL”), a wholly-owned subsidiary of the Bank), as Group President - One Kotak of the Bank, for engaging in the collabora
Posted Date :  15-03-24

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New Delhi: Kotak Mahindra Bank has been in public attention after the Gurugram Police arrested their managerial level employees in connection with the Bank scam. Accordingly, it is mentioned that on Wednesday 28 the police arrested three employees and an individual from Haryana's Nuh. This ca
Posted Date :  29-02-24

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Mumbai: The Board of Directors of Kotak Mahindra Bank (“the Bank”) approved the unaudited standalone and consolidated results for Q3FY22, at the Board meeting held in Mumbai, today. Consolidated results at a glance Consolidated PAT for Q3FY22 was Rs. 3,403 crore, up 31% from Rs. 2,
Posted Date :  29-01-22

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NEW DELHI: India's third-largest private sector bank, Kotak Mahindra will become the first bank to roll out its business with WazirX for trading cryptocurrencies. According to the sources, WazirX has opened an account for investor trading on the exchange, which will be used to receive and pay
Posted Date :  09-12-21

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New Delhi: India's central bank Reserve Bank of India (RBI), gave approval to the life insurance corporation to increase the stake in Kotak Mahindra Bank.  LIC currently holds a 4.96% stake in the private lender Kotak Mahindra Bank. RBI's approval is valid for one year.  Kota
Posted Date :  30-11-21

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Mumbai: Kotak Mahindra Bank Ltd (KMBL) on Monday, November 29, announced that it has reached a significant milestone of issuing one million FASTags, as per the latest data released by payments regulator, National Payments Corporation of India (NPCI). This accomplishment also makes KMBL the fourth la
Posted Date :  30-11-21

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New Delhi: Kotak Mahindra Bank Ltd (KMBL) has announced that all eligible Kotak debit cardholders can now avail the Equated Monthly Instalments (EMI) on Debit Card facility on all their mid and high-value purchases, at all offline and online stores across the country. Offered under the KotakSmart
Posted Date :  11-08-21

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New Delhi: Even as its competitors have hiked rates on their home loans lately, Kotak Mahindra Bank on Monday announced its decisions to continue with its rate structure starting at 6.65 percent. "The product is aimed to grow our market share...we are a challenger in the market," its presi
Posted Date :  12-04-21

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New Delhi: Kotak Mahindra Bank, an Indian private sector bank on Friday said it has divested a 10 percent stake in ECA Trading Services to one of its subsidiaries for nearly Rs 2 crore. Kotak Mahindra Bank has sold 1,09,48,925 equity shares of Rs 10 each (10 percent of its stake) of ECA Trading S
Posted Date :  05-03-21

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