Reserve Bank of India has sought more time from Bombay high court to file its reply to the writ petition filed by the Uday Kotak-controlled Kotak Mahindra Bank.
1 min read18 Jan 2019Kotak Mahindra Bank shares declined as much as 3.2% to hit a low of 1,215.10 per share
1 min read17 Dec 2018Kotak Mahindra Bank's move to take RBI to court over the promoter shareholding issue is likely to buy the bank time, if it's successful in getting a stay
2 min read11 Dec 2018While Kotak Mahindra Bank has its conversations with the regulator, investors are left wondering which way the outcome will swing
2 min read28 Nov 2018Bank says will engage with the RBI regarding the share allotment
2 min read14 Aug 2018The problem lies in Kotak Mahindra Bank's valuation, whichat a one-year forward price-to-book multiple of 5.23 times (stand-alone)makes it one of the most expensive banking stocks
1 min read20 Jul 2018This week, sentiment for Kotak Mahindra Bank shares got a further boost after the company reported better-than-expected results for its consolidated operations
2 min read3 May 2018Kotak Mahindra Bank reported standalone net profit of Rs994.31 crore in the September quarter against Rs813.29 crore a year ago
1 min read26 Oct 2017Kotak Mahindra Bank's other income rose by 47% year-on-year in Q4 and was chiefly responsible for its net profit being higher than what analysts had estimated
2 min read28 Apr 2017The 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