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Banks should focus on recovering dues: Uday Kotak

Banks should focus on recovering dues: Uday Kotak

Banks should focus on recovery rather than "going after borrowers", eminent banker Uday Kotak said on Saturday, a day after embattled tycoon Vijay Mallya remarked that arresting him will not help banks recover any money.

Banks should focus on recovering dues: Uday Kotak

Banks should focus on recovering dues: Uday Kotak

Banks should focus on recovery rather than "going after borrowers", eminent banker Uday Kotak said on Saturday, a day after embattled tycoon Vijay Mallya remarked that arresting him will not help banks recover any money.

Risk-pricing must improve for better asset quality, says Kotak

Stating that there is an urgent need to arrest rising bad loans, Uday Kotak, head of Kotak Mahindra Bank, today said the problem arose as bankers excessively focussed on collaterals and not the cash flow prospects of the funded projects.

Avendus-KKR deal reopens old trend: i-banks diversification

Since the late 1990s and early 2000, many brokerages began to diversify and became financial services firms to minimise risks.

Kotak flags concerns over privacy & security in digital world

Ace banker Uday Kotak has flagged concerns over privacy and security of the consumer across various sectors in the fast-growing digital world.

FIPB defers Kotak Bank's proposal to hike FDI limit

FIPB Thursday deferred a proposal of Kotak Mahindra Bank to increase foreign investment limit to 55 percent.

Kotak Mahindra Bank Q4 profit surges 37.5% at Rs 912 crore

Kotak Mahindra Bank Tuesday reported 37.5 percent jump in its consolidated net profit at Rs 912.6 crore for the quarter ended March 31, 2015.

India Inc must temper sky high expectations: Uday Kotak

Joining the debate on deliverables of the Narendra Modi government on economic front, ace banker Uday Kotak has said that industry and market expectations need to come down from their "sky high" levels and get more attuned to the reality.

FIPB defers Kotak Mahindra Bank proposal for raising FII limit

An inter-ministerial panel Thursday deferred Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent.

Kotak Mahindra lists shares of merged entity Monday

Post ING Vysya merger with itself, Mumbai-headquartered Kotak Mahindra Bank Monday listed new shares of the merged entity on stock exchanges.

Uday Kotak sees repo rate at 7-7.25% by December

Veteran banker Uday Kotak on Wednesday said he expects the RBI to bring down repo rate to 7-7.25 percent by December.

'RBI may cut rates more; 0.75-1% reduction likely in 2015'

'RBI may cut rates more; 0.75-1% reduction likely in 2015'

Kotak, who has been a regular at the WEF summits in Davos, also said the big stimulus from European Central Bank is going to have a significant impact for global flows positively and Indian markets may also get greater flows.

Mood upbeat about India, time to show action on ground: Kotak

Enthused by the upbeat mood visible about India here at World Economic Forum, eminent banker Uday Kotak said investors now want to see some real action on the ground.

ING Vysya merger secures employees, boosts growth: Kotak Bank

As it moves ahead with the ING Vysya Bank deal, Kotak Mahindra Bank on Monday said the merger secures all employees and would create growth opportunities for various stakeholders including the staff members.

ING Vysya merger secures employees, boosts growth: Kotak Bank

As it moves ahead with the ING Vysya Bank deal, Kotak Mahindra Bank on Monday said the merger secures all employees and would create growth opportunities for various stakeholders including the staff members.

Famous Indian personalities and organisations who joined Twitter in 2014

A host of personalities and organisations have joined the Twitter world over the last one year. Superstar Rajinikanth, the President of India, Uday Kotak and ISRO's Mars Orbitor are few of the names.

ING Vysya buyout credit positive for Kotak: Report

India Ratings said Kotak Mahindra Bank's core tier-I capital adequacy ratio may slip to 16.5 percent post merger from the earlier 17.8 percent, but it will still be high as compared to peers.

SEBI seeks trade data for ING Vysya shares prior to Kotak deal

Markets watchdog SEBI has sought details from stock exchanges about trades in shares of ING Vysya Bank that were conducted prior to the announcement of ts Rs 15,000-crore merger with Kotak Mahindra Bank last week.

Uday Kotak expects major global cooperation boost from ING deal

Having sealed a deal to merge ING Vysya Bank with Kotak Mahindra Bank, eminent banker Uday Kotak has said that the merger presents a significant opportunity for international cooperation with Dutch giant ING Group.

ING Vysya deal precursor to 'Achche Din': Uday Kotak

Taking a leaf out of Prime Minister Narendra Modi's poll campaign, eminent banker Uday Kotak said that the Rs 15,000-crore merger between Kotak Mahindra Bank and ING Vysya Bank is a precursor to 'Achche Din' and would create a world-class financial institution of size and scale.