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Godrej, Parkeh, Kotak support Murli Deora in South Mumbai

Last Updated: Sunday, April 20, 2014, 14:48

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 links current accounts to Twitter

Last Updated: Wednesday, March 26, 2014, 18:43

Digitally-savvy customers of private lender Kotak Mahindra Bank will soon be able to check their balance and do a host of non-financial services transactions using the microblogging website Twitter.

Kotak Mahindra Bank hikes term deposit rates by 25 bps

Last Updated: Monday, February 03, 2014, 23:03

After the January 28 rate hike by the Reserve Bank, private sector lender Kotak Mahindra Bank Monday took the lead over its larger peers by raising deposit rates by 25 basis points on select maturities, effective February 6.

Kotak Mahindra Bank Q3 net marginally up at Rs 591 crore

Last Updated: Tuesday, January 21, 2014, 16:19

Private lender Kotak Mahindra Bank Tuesday reported a marginal rise of 2.4 percent in consolidated net profit at Rs 591.25 crore for the third quarter ended December 2013.

Kotak Bank says seeing fall in home loan book growth

Last Updated: Sunday, December 29, 2013, 19:58

Private sector lender Kotak Mahindra Bank is witnessing a sizable reduction in its home loan book growth in the current fiscal at 10-15 percent levels on poor consumer sentiment, a senior official has said.

Kotak Mahindra Bank reduces home loan rates by up to 0.25%

Last Updated: Tuesday, December 24, 2013, 18:05

Accordingly, new home loans under Rs 75 lakh will be available at 10.25 percent per annum, down from the earlier 10.50 percent.

Kotak Mahindra Bank plans to increase branches to 600 plus

Last Updated: Tuesday, December 17, 2013, 19:28

"Presently, the bank has 503 branches, out of which 76 are rural and 119 semi-urban. The number will be 600 plus by the end of the current fiscal," executive VP and Head (branch banking) Mahesh Balasubramanian said.

Kotak Mahindra Bank Q2 net up 16% at Rs 583 cr

Last Updated: Thursday, October 24, 2013, 19:24

Private sector lender Kotak Mahindra Bank on Thursday reported 16 percent jump in net profit to Rs 582.93 crore for the July-September quarter of 2013-14 fiscal.

Bank stocks gain up to 4.3%

Last Updated: Wednesday, October 09, 2013, 18:20

Bank stocks on Wednesday ended with up to 4.3 percent gains following September trade deficit narrowing to the lowest level in 30 months.

Kotak Mahindra Bank raises benchmark lending rate by 0.25%

Last Updated: Monday, August 12, 2013, 22:12

Kotak Mahindra Bank Monday raised benchmark lending rate by 0.25 percent to 10 percent making costlier the home, auto, corporate and other loans linked with base rate or the minimum lending rate.

Kotak Mahindra Bank to open 100 new branches in FY 2014

Last Updated: Thursday, August 01, 2013, 19:22

Kotak Mahindra Bank is planning to open 100 new branches across the country in the current fiscal year, according to a top executive.

Kotak Mahindra Bank Q1 net up 43% at Rs 403 cr

Last Updated: Thursday, July 18, 2013, 20:55

Private sector lender Kotak Mahindra Bank Thursday reported a 43 percent rise in its standalone net profit at Rs 403 crore in the first quarter of current financial year, on the back of a sound rise in core income and credit growth.