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Kotak Bank

Kotak Banking & Financial Services Fund NFO Opens Today, Bets On Positive Economic Outlook; Should You Buy It?

The fund offers diversification opportunities within the segment, including investment in banks, non-banks, insurance, broking, asset management, and fintech.

06 February 2023

Uday Kotak, Kotak Group

Tougher To Get Talent In Banking; Policymakers And Lenders Need To Work On It: Uday Kotak

The managing director and chief executive of private sector lender Kotak Mahindra Bank said policymakers and practitioners need to work together to address this issue

11 January 2023

Kotak Bank Net Rises 26% On Fall In Bad Loans, Record Margins

On a consolidated basis, the city-headquartered financial services group, which is also into life and non-life insurance, share broking, asset reconstruction, and AIF among others, logged in 53 per cent rise in net income at...

23 July 2022

BSE building in Mumbai

Sensex, Nifty Advance On Gains In IT, Financial Shares, Global Cues

The index opened higher and gained more than 400 points to scale the 61,000 level

23 January 2023

Stock markets

Equity Investors Richer By Over Rs 7.41 Lakh Crore In Four Trading Sessions

Mirroring the rally in equities, the market capitalization of BSE-listed firms jumped Rs 7,41,534.44 crore to Rs 2,79,85,821.38 crore in the four trading days

17 August 2022

Kotak Mahindra Bank Completes Integration With New Income Tax Dept. Portal

In October 2021, Kotak Mahindra became the first in-line of scheduled private sector banks to get approved as a collection partner for taxes

15 July 2022

Kotak Securities Invests Rs 5 Crore In Fintech Startup Banksathi

Kotak Securities Invests Rs 5 Crore In Fintech Startup Banksathi

Kotak Securities in the recent past has made four strategic investments and two acquisitions in the startup space. While it has invested in Stockedge, eLearn Markets, Flipit Money and Multiple, its recent two acquisitions...

11 January 2023

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Sebi Slaps Rs.1.6 Cr Penalty On Nilesh Shah, 5 Others From Kotak AMC In FMP Issue

Sebi Slaps Rs.1.6 Cr Penalty On Nilesh Shah, 5 Others From Kotak AMC In FMP Issue

Sebi penalises six Kotak AMC executives for flouting rules in fixed maturity plans. It had earlier passed an order in this issue in August 2021

01 July 2022

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25 May 2022
Stock Market Today: Sensex Surges Over 200 Points; Nifty Above 16,200

Stock Market Today: Sensex Surges Over 200 Points; Nifty Above 16,200

At 9:18 am, Sensex was up 247 points or 0.46 per cent at 54,300, whereas the Nifty 50 index advanced 78 points or 0.49 per cent at 16,203. 


04 May 2022
What Led To 65% Jump In Kotak Mahindra Bank's Profit In March Quarter

What Led To 65% Jump In Kotak Mahindra Bank's Profit In March Quarter

Kotak Mahindra Bank's provisions for bad loans during the March quarter saw a write-back of Rs 306.21 crore compared with provisioning of Rs 734 crore in the...


29 April 2022
Sensex Falls Over 500 Points, Nifty Below 17,200; Axis Bank, Coal India, Bajaj Auto Biggest Laggards

Sensex Falls Over 500 Points, Nifty Below 17,200; Axis Bank, Coal India, Bajaj Auto Biggest Laggards

At 3:10 pm, Sensex was down 518 points at 57,002, and the Nifty 50 index fell 160 points to end at 17,084 points. 


20 April 2022
Kotak Bank, Axis Bank Join Bank of Baroda and SBI In Hiking Lending Rates; Know Them Here

Kotak Bank, Axis Bank Join Bank of Baroda and SBI In Hiking Lending Rates; Know Them Here

Bank of Baroda was the first bank to hike MCLR-based lending rate, and then SBI followed suit. Now, Kotak Bank and Axis Bank have also increased their lending...


17 December 2021
Sensex Returns On Losing Trajectory Amid Global Inflation, Omicron Concerns; IndusInd, Kotak Bank Among Major Losers

Sensex Returns On Losing Trajectory Amid Global Inflation, Omicron Concerns; IndusInd, Kotak Bank Among Major Losers

At close on Friday, Nifty 50 closed 263.20 points or 1.53 per cent lower at 16,985.20. The 30-share BSE Sensex closed 889.40 points or 1.54 per cent lower at...


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15 December 2021
Sensex Closes Lower For Fourth Consecutive Day, Bajaj Finance Biggest Loser, Sun Pharma Biggest Gainer

Sensex Closes Lower For Fourth Consecutive Day, Bajaj Finance Biggest Loser, Sun Pharma Biggest Gainer

On Wednesday, Sensex shed 329.06 points as it closed 0.57 per cent lower at 57,788.03. The Nifty 50 closed 10.3.50 points or 0.6 per cent lower at 17,221.40.


14 December 2021
Bajaj Finance, HDFC, Kotak Bank, M&M Shares Plunge As Sensex Drops 350 Points

Bajaj Finance, HDFC, Kotak Bank, M&M Shares Plunge As Sensex Drops 350 Points

The 30-share index slumped 356.6 points or 0.61 per cent to 57,926.82 in the opening trade. Similarly, the Nifty fell 98.35 points or 0.57 per cent to...


10 December 2021
Sensex, Nifty Close Marginally Lower; Titan, HDFC, Axis Bank, Kotak Bank Among Major Losers

Sensex, Nifty Close Marginally Lower; Titan, HDFC, Axis Bank, Kotak Bank Among Major Losers

Sensex closed 0.03 per cent or 20.46 points lower at 58,786.67 whereas the NSE Nifty closed 5.55 points or 0.03 per cent lower at 17,511.30.


07 December 2021
Tata Steel, Kotak Bank, Maruti, SBI Share Gain As Sensex Jumps Over 400 Points

Tata Steel, Kotak Bank, Maruti, SBI Share Gain As Sensex Jumps Over 400 Points

The 30-share index was trading 444.17 points or 0.78 per cent higher at 57,191.31 in initial deals. Similarly, the Nifty rose 131.60 points or 0.78 per cent to...


30 November 2021
Sensex Drops 196 Points. Tata Steel, Kotak Bank, Bajaj Auto Among Top Losers

Sensex Drops 196 Points. Tata Steel, Kotak Bank, Bajaj Auto Among Top Losers

The selling pressure was triggered after European markets opened in the negative territory amid concerns over the Omicron variant of the coronavirus, traders...


22 November 2021
Sensex Tanks Over 400 Points. RIL Top Loser, Followed By Maruti, Bajaj Finance, More

Sensex Tanks Over 400 Points. RIL Top Loser, Followed By Maruti, Bajaj Finance, More

The 30-share index was trading 435.74 points or 0.73 per cent lower at 59,200.27. Similarly, the Nifty fell 129.85 points or 0.73 per cent to 17,634.95.


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16 November 2021
Sensex Drops Over 100 Points. HDFC Top Loser, Followed By Kotak Bank, Asian Paints, More

Sensex Drops Over 100 Points. HDFC Top Loser, Followed By Kotak Bank, Asian Paints, More

The 30-share index was trading 122.35 points or 0.20 per cent lower at 60,596.36 in initial deals. Similarly, the Nifty fell 45.45 points or 0.25 per cent to...


29 October 2021
Sensex Plunges Over 700 Points. HDFC Top Loser, Followed By Induslnd Bank, Kotak Bank, More

Sensex Plunges Over 700 Points. HDFC Top Loser, Followed By Induslnd Bank, Kotak Bank, More

The 30-share index was trading 704.22 points or 1.17 per cent lower at 59,280.48 in initial deals. Similarly, the Nifty fell 181.70 points or 1.02 per cent to...


26 October 2021
Stocks To Buy Today: ONGC, Canara Bank, IGPL And More

Stocks To Buy Today: ONGC, Canara Bank, IGPL And More

The banking sector continues to dominate the show with ICICI Bank registering the new highs on Monday following the robust earnings quarterly.


25 October 2021
Sensex Drops Over 100 Points In Early Trade. Asian Paints Top Loser, Followed By HCL Tech, Induslnd Bank, More

Sensex Drops Over 100 Points In Early Trade. Asian Paints Top Loser, Followed By HCL Tech, Induslnd Bank, More

Asian Paints was the top loser in the Sensex pack, shedding around 3 per cent, followed by IndusInd Bank, HCL Tech, Bharti Airtel, Kotak Bank and Bajaj Auto.


21 October 2021
Sensex Rises Over 250 Points In Early Trade. Sun Pharma Top Gainer, Followed By NTPC, HDFC, Others

Sensex Rises Over 250 Points In Early Trade. Sun Pharma Top Gainer, Followed By NTPC, HDFC, Others

The 30-share index was trading 265.84 points or 0.43 per cent higher at 61,525.80 in initial deals. Similarly, the Nifty advanced 93.45 points or 0.51 per cent...


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