Tag: kotak mahindra bank

Despite being an outsider, Kotak Mahindra Bank CEO Ashok Vaswani says that having the founder, Uday Kotak, available as a sounding board gives him an advantage over many banking chiefs. (Bloomberg)
Posted in Business

Kotak Mahindra Bank eyes M&A as CEO touts capital for ‘jumbo deals’| Business News

Kotak Mahindra Bank Ltd. is on the lookout for acquisitions as the billionaire Uday Kotak-backed lender seeks to deploy its excess capital to scale up…

Continue Reading
ET logo
Posted in Economy

A look at what economists have to say about January retail inflation

India’s key inflation rate accelerated to 2.75% in January on higher food and precious metal prices, the maiden print under a revised data ​series showed…

Continue Reading
ET logo
Posted in Economy

RBI’s wait-and-watch stance signals confidence in growth: Economists

Mumbai: Leading economists have welcomed the Reserve Bank of India‘s (RBI) decision to keep the policy repo rate unchanged while maintaining a neutral stance, saying…

Continue Reading
While noting the overall fiscal discipline, Uday Kotak highlighted the welcome increase in defence spending. (@udaykotak/X)
Posted in Business

Billionaire banker Uday Kotak hails Nirmala Sitharaman’s Budget 2026: ‘Budget for the real economy’

India’s budget for 2026-27, presented by Union Finance Minister Nirmala Sitharaman on Sunday, drew attention from business leaders across the country. Uday Kotak, founder of…

Continue Reading
Deutsche Bank's India assets that are up for grabs include mortgage loans, small business loans and wealth management. (Reuters)
Posted in Business

Deutsche Bank’s $2.5 bn India assets draw final bids from Kotak, Federal Bank| Business News

Deutsche Bank AG’s India retail assets and wealth management have drawn binding bids from Kotak Mahindra Bank Ltd. and Federal Bank Ltd., according to people…

Continue Reading
Kotak Mahindra Bank customers alert: No UPI, net-banking, ATM transactions on December 21, 2025 for one hour
Posted in Finance

Kotak Mahindra Bank customers alert: No UPI, net-banking, ATM transactions on December 21, 2025 for one hour

Kotak Mahindra Bank announced that in order to provide customers with a seamless banking experience, their banking systems will undergo a maintenance activity. Due to…

Continue Reading
RBI unlikely to play Santa again in February
Posted in Economy

RBI unlikely to play Santa again in February

MUMBAI: Economists expect the Reserve Bank of India to keep its key policy rate unchanged at 5.25% in February, as inflation begins to rise from…

Continue Reading
ET logo
Posted in Economy

RBI MPC cuts repo rate by 25 bps to 5.25%, maintains neutral stance; revises GDP, inflation forecast for FY26

The RBI-led Monetary Policy Committee (MPC) on Friday concluded its three-day meeting and unanimously decided to cut the policy repo rate by 25 basis points…

Continue Reading
graph
Posted in Economy

Q2 GDP: Sizzling, six-quarter high growth lights up India economic scene

India’s economy sparkled in the July-September period as it posted six-quarter high 8.2% growth, riding a surge in consumer demand fuelled by the reduction in…

Continue Reading
Uday Kotak, founder of Kotak Mahindra Bank. (Mint)
Posted in Business

Kotak Mahindra Bank, a house that Uday Kotak built—from ₹30 lakh to ₹4.2 lakh crore| Business News

Kotak Mahindra Bank Ltd., a house that Uday Kotak built with a little help from Anand Mahindra, has completed 40 years of operations today—from ₹30…

Continue Reading