Tag: kotak mahindra bank

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Posted in Economy

Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral

Mumbai: The Reserve Bank of India (RBI) Friday announced a host of measures to attract foreign currency inflows, aimed at strengthening external buffers, even as…

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Posted in Economy

India’s GDP expands 7.7% in FY26; Q4 growth at 7.8%

India’s economic growth accelerated to 7.7% in 2025-26 from 7.1% a year earlier, government data showed on Friday, although economists cautioned that mounting global and…

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Posted in Economy

India’s retail inflation edges up to 3.48% in April as food prices firm up

India’s retail inflation inched up to 3.48% in April as food prices firmed up, but the bigger worry for policymakers is rapidly shifting beyond groceries…

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Posted in Economy

Stable India growth outlook masks hit to vast informal sector, say economists: Reuters poll

BENGALURU: India’s economic growth outlook is broadly unchanged despite the U.S.-Israeli war with Iran, according ​to a Reuters poll of economists who ​warned that data…

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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…

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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…

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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…

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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…

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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…

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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…

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