Private banks to hike fines, charges from April 1

Starting April 1, many private banks like HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank have announced a hike in charges ahead of the new rules kicking in for penalty on non-maintenance of minimum average balance in savings accounts.

Godrej, Parkeh, Kotak support Murli Deora in South Mumbai

Some of the top business leaders and trade associations on Sunday came out in support of the Union Minister of State for Telecom and sitting MP from Mumbai South, Milind Deora, who is seeking a third term from the constituency.

Kotak Mahindra Bank`s Q3 standalone up 100% at Rs 142cr

Kotak Mahindra Bank`s stand-alone PAT vaulted 100 per cent to Rs 142-crore in Q3 FY 10 as against Rs 71-crore in the year-ago period.

Kotak Mahindra Bank Q1 profit zooms 72% to Rs 257 cr

Private sector lender Kotak Mahindra Bank on Tuesday reported a jump of 72 percent in its consolidated net profit to Rs 257.28 crore for the first quarter ended June 30, over the corresponding period a year earlier.