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REVEALED: Kotak mahindra bank - The Real Truth

ICICI Prudential AMC gets RBI approval to buy up to 9.95% stake in Kotak and 3 other banks

ICICI Prudential AMC secured Reserve Bank of India approval for significant bank share acquisitions. The approval allows for aggregate holdings up to 9.95 percent in four specific banks. These banks include Kotak Mahindra Bank, AU Small Finance Bank, CSB Bank, and DCB Bank. The acquisitions will be made as an…

The Economic Times

ICICI Bank shares in focus as LIC gets RBI nod to acquire 9.99% stake in private lender

ICICI Bank shares will be in focus after RBI approved LIC to acquire up to 9.99% in the lender within one year. LIC already holds over 4%. Despite recent weakness, ICICI Bank has gained 6% in 2026, with strong long-term returns. Major brokerages remain bullish on the stock.

The Economic Times

HDFC, Kotak CEO departures put succession planning at India’s private banks under scrutiny

Recent unexpected leadership changes at top Indian private banks raise succession planning concerns. Investors question long-term business strategy continuity amid these abrupt departures. HDFC Bank and Kotak Mahindra Bank face leadership transitions, surprising many analysts. Stricter regulations and competition from fintech also affect talent retention. Improved succession visibility will help…

The Economic Times

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Explained: What $127 billion FCNR(B) inflows mean for ICICI Bank, HDFC Bank, other bank stocks

Closing the FCNR(B) scheme has led to a noteworthy increase in dollar inflows, which has positively impacted foreign exchange reserves. Indian banks have benefited from these substantial funds, assisting in the continued growth of loans. Nonetheless, the Reserve Bank of India must now tackle the critical issue of managing surplus…

The Economic Times

Banks slash FCNR (B) interest rates: HDFC Bank, ICICI Bank, SBI, PNB, Axis Bank revise rates on 3-5-year deposits

FCNR (B) deposit interest rate cuts have particularly been made in deposits of three to five years, which had higher interest rates after the Reserve Bank of India (RBI) announced a relief on hedging costs.

The Economic Times

Kotak Mahindra Bank recommends two internal candidates for CEO, sources say

Kotak Mahindra Bank has recommended two internal candidates to succeed its CEO. Executive directors Anup Saha and Paritosh Kashyap were named for the role. These recommendations are for the Reserve Bank of India's approval. The current CEO's term concludes on December 31, 2026. The bank aims to accelerate its growth…

The Economic Times

Stocks in news: Wipro, Lenskart, Tata Motors PV, Ather Energy and Kotak Bank

On Thursday, Indian markets faced downward pressure as they wrapped up trading lower amid mixed signals from global economies. Notably, Wipro's stock saw gains following its expanded partnership with Google Cloud aimed at enhancing AI implementation. Meanwhile, Lenskart's current investor is set to sell shares worth up to Rs 1,313…

The Economic Times

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Sensex sharply tumbles 500 points on first monthly expiry after CAS, Nifty closes below 24,100. What lies ahead?

Indian equities fell sharply on Thursday, erasing gains during the first monthly expiry under the new closing auction session. Sensex dropped 539 points, or 0.7%, while Nifty declined 117 points, or 0.48%. HDFC Bank and NTPC led losses, while Kotak Mahindra Bank, ICICI Bank and Tech Mahindra gained.

The Economic Times

Sensex records muted gains on expiry day, Nifty above 24,200. What lies ahead?

Indian equities opened marginally higher on Thursday ahead of expiry-day volatility, with Sensex and Nifty gaining around 10 and 11 points, respectively. India VIX rose 3% to 10.84. Kotak Mahindra Bank led gains, while HCL Technologies and HDFC Bank declined. Consumer durables gained, while FMCG slipped amid mixed market breadth.

The Economic Times

Sensex falls 183 points, Nifty closes below 24,250 as market erases all morning gains. What lies ahead?

The Indian stock markets experienced a shift, dropping from earlier gains with both Sensex and Nifty closing lower. Key decliners included Infosys, Bharti Airtel, and L&T. Meanwhile, Kotak Mahindra Bank's shares surged over three percent, contrasting with the mixed performance of broader markets, where small caps thrived while mid caps…

The Economic Times

Low-interest home loan with a fixed rate for years: Should you go for this new hybrid home loan?

Kotak Mahindra Bank introduced a hybrid home loan product for borrowers. This loan allows locking EMIs at current low rates for several years. After this fixed period, the loan automatically shifts to a floating rate structure. Borrowers can choose lock-in periods of 39, 52, or 65 months. Read more to…

The Economic Times

Kotak Mahindra Bank joins peers in tapping dollar debt before RBI window shuts

Kotak Mahindra Bank successfully raised $650 million through its five-year dollar bonds. This issuance occurred at a coupon rate 27 basis points below initial guidance. Indian lenders have collectively raised $6.95 billion since June 5. These funds will diversify sources and support general corporate purposes. The Reserve Bank of India's…

The Economic Times

Four Indian private banks eye dollar debt before RBI swap window deadline, bankers say

Four Indian private lenders are accelerating dollar bond plans before August 31. They aim to raise $1.85 billion, taking advantage of a central bank swap facility. Kotak Mahindra Bank leads this effort, setting final price guidance for its issuance. Other banks like YES Bank, IDFC First Bank, and Federal Bank…

The Economic Times

Man cleared Rs 45,000 credit card due in 12 EMIs, yet Kotak Mahindra Bank showed Rs 19,000 unpaid and threatened him; bank ordered to withdraw dues and pay Rs 1.5 lakh

Kotak Mahindra Bank has been ordered to pay Rs 1.5 lakh in compensation after the Delhi State Consumer Disputes Redressal Commission found it raised a demand of Rs 19,788 against a customer who had already cleared all 12 EMIs totalling nearly Rs 45,000 for a Samsung TV purchase, and then…

The Economic Times

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The Economic Times

INDO-MIM, Ather Energy and TCS among stocks bought and sold by mutual funds in July

Mutual funds bought Rs 15,900 crore of stocks in July while FIIs sold Rs 11,000 crore. Axis Bank, INDO-MIM and Kotak Mahindra Bank saw major buying, while ICICI Bank, Eternal and Reliance Industries faced selling. Buying remained strong across large, mid and smallcap segments, reflecting active portfolio repositioning by fund…

The Economic Times

CAS chaos continues: Sensex rises 114 points, but Nifty closes below 24,400. What lies ahead?

Indian benchmark indices ended mixed on expiry day, with the Sensex gaining 114 points while the Nifty slipped over 40 points. Broader markets advanced, while metal stocks declined and FMCG and realty gained. Analysts said softer inflation supported sentiment, but elevated crude prices and geopolitical risks remained key market overhangs.

The Economic Times

FCNR (B) FD premature withdrawal rules: Check penalty and interest rate rules of HDFC Bank, SBI, ICICI Bank, Axis Bank, Kotak Mahindra Bank

FCNR(B) deposits serve as a reliable investment option for NRIs wishing to secure foreign earnings in India. Penalties can differ across institutions, so it's essential to consult individual bank policies before considering any withdrawals.

The Economic Times

ED files chargesheet in Kotak Mahindra Bank, Panchkula MC PMLA case

The Enforcement Directorate has launched a probe into alleged fraud involving bank officials, including a former deputy vice president and two of his subordinates. They are accused of embezzling over Rs 100 crore by creating unauthorized accounts with fake documentation. In the course of their investigation, assets worth Rs 131…

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The Economic Times

FCNR (B) FD interest rates up to 6.50%: SBI, HDFC Bank, PNB and others- which bank offers highest rate?

For non-resident Indians, foreign currency non-resident bank fixed deposits remain a favored investment choice. With an uptick in interest rates for tenures ranging from three to five years, Punjab National Bank currently leads with an attractive 6.50% rate on select five-year deposits. Meanwhile, HDFC Bank and ICICI Bank also showcase…

The Economic Times

FIIs build a new Banking XI without the usual heavyweights. Will the big banks return?

Foreign investors reduced stakes in large banks during the June quarter. They simultaneously increased holdings in several mid-sized and smaller private lenders. This shift reflects a preference for banks with specific growth triggers and fundamentals. Large banks still offer strong franchises and reasonable valuations for investors. The rotation depends on…

The Economic Times

HDFC Bank, 3 other bank stocks wipe out Rs 1.5 lakh crore of investors' wealth after Q1. Time to buy the dip?

Shares of HDFC Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank have erased over Rs 1.5 lakh crore in market value this week following their June-quarter earnings. While investors reacted negatively to the results amid broader market weakness, brokerages say the sharp correction has made valuations more attractive, with…

The Economic Times

ICICI Bank wins analysts’ vote after Q1 show; HDFC Bank, Axis, Kotak & Yes Bank face scrutiny

ICICI Bank shares rose after reporting strong June quarter earnings and improved financial metrics. Other major private lenders like HDFC Bank and Axis Bank saw their stock prices decline. Analysts favored ICICI Bank for its consistent performance and clean results this quarter. Kotak Mahindra Bank also received a buy recommendation…

The Economic Times

Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rush

Banks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships are being forged. Demand from non-resident Indians remains strong, especially from the Middle East. Lenders are intensifying outreach efforts to attract more overseas funds. Mobilisation is expected to accelerate closer to…

The Economic Times

India Inc is returning to banks for money, but retail borrowers aren’t keeping pace

India’s largest private banks are witnessing a shift in credit demand, with corporate and SME lending driving loan growth while retail borrowing remains subdued. Stronger working capital demand, refinancing and business banking boosted advances, but slower consumer credit growth and weaker CASA ratios continue to weigh on banks’ funding mix…

The Economic Times

Rs 91,000 crore wipeout: What spooked HDFC Bank, Axis Bank and Kotak investors even as credit growth picked up?

Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit growth failed to offset concerns over shrinking net interest margins, weaker CASA deposits and leadership uncertainty. ICICI Bank bucked the trend, supported by resilient profitability and balanced loan…

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