FD interest rates of different banks vary by deposit amount, deposit tenure and type of depositorHere are the latest FD interest rates offered by SBI, HDFC Bank, Punjab National Bank and Kotak Mahindra Bank
4 min read6 Sep 2020Kotak Mahindra Bank has launched cardless cash withdrawal facility through ATMsApart from withdrawing cash, customers will be able to send money to others across the country through instant money transfer facility
1 min read24 Aug 2020Muthoot Finance Ayush Gold Loan is an exclusive initiative of Muthoot Group through which they will provide complimentary COVID-19 insurance cover to their eligible customersThis cover however will be available only for the customers availing gold loan under the Super Loan scheme
1 min read18 Aug 2020Uday Kotak’s stake in the bank stood at 25.82% while the total promoter shareholding was at 26.07% whereas Kotak sold 56 million shares held by him in the bank for over ₹6,900 crore
2 min read10 Aug 2020The lender has reported an 8.5% year-on-year decline in its standalone June quarter net profit to ₹1,244 croreThe bank’s loan book shrank 1.9% year-on-year and by a steeper 7.16% sequentially
2 min read27 Jul 2020Despite strong asset growth and robust capital ratios, Kotak’s reluctance to raise dividends or deploy excess capital is keeping its return on equity well below peers like HDFC Bank, ICICI Bank, and SBI.
2 min read27 Oct 2025For the reporting quarter, Kotak Mahindra Bank’s net profit declined 3% to ₹3,253 crore. The bank also pointed to emerging concerns in specific retail lending segments.
2 min read25 Oct 2025The bank reported a 2 per cent decline in its net profit to ₹3,253 crore for the quarter ending on September 30, 2025, from ₹3,344 crore same period a year ago.
1 min read25 Oct 2025The Bank Nifty rose over 1% as the RBI introduced measures to improve credit availability while keeping the repo rate at 5.5%. Key banks like Kotak Mahindra, AXIS, ICICI, and HDFC saw gains of 1%-3%. RBI's initiatives aim to enhance lending and lower financing costs.
3 min read1 Oct 2025A Noida man has become richer than the entire Forbes billionaires list after gaining an ‘insane’ ₹10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299 in his deceased mother's Kotak Mahindra Bank savings. I-T has frozen the account for now.
2 min read5 Aug 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared