17 stories found
Major lenders including HSBC and Kotak Mahindra Bank are launching semi-fixed mortgage products that offer stable rates for an initial period before transitioning to floating rates. The innovation aims to optimize lending margins while attracting borrowers seeking rate certainty.
Goldman Sachs maintains a bullish outlook on several private bank stocks, identifying ICICI Bank and Kotak Mahindra Bank as top banking bets. The firm recommends six specific private bank stocks for investment.
Kotak Mahindra Bank is set to acquire Deutsche Bank’s retail and wealth management businesses in India, expanding its presence in the country's financial sector.
Kotak Mahindra Bank is reportedly evaluating the possibility of acquiring Deutsche Bank's retail banking unit, signaling potential consolidation in the financial sector.
Pushpender Singh, a deputy Vice-President at Kotak Mahindra Bank, has surrendered in connection with a Rs 150-crore fraud case in Panchkula.
Kotak Mahindra Bank is reportedly set to acquire Deutsche Bank's retail business in India in a deal valued at 45 billion rupees, with reports indicating the deal is nearing completion.
Reports indicate that Kotak Mahindra Bank's board has shortlisted two internal executives to succeed the current leadership, highlighting a preference for promoting from within.
Indian lenders, including ICICI Bank, Kotak Mahindra Bank, IDFC First Bank, HDFC Bank, and Bank of Baroda, have collectively raised a massive $4.4 billion this week, leveraging an RBI swap wave to secure $12 billion via overseas debt.
Kotak Mahindra Bank is set to acquire Deutsche Bank's retail, private, and wealth management portfolios in India, while Deutsche Bank will shift its focus to ultra-high net worth clients in the country.
Haryana Chief Minister Nayab Singh Saini has announced that the CBI will investigate bank fraud cases in the state, leading to the suspension of two IAS officers and the de-empanelment of Kotak Mahindra Bank.
The Indian state of Haryana has recommended a CBI probe into a Rs 590 crore fraud involving IDFC First Bank and AU Small Finance Bank, with the CBI now stepping in to investigate the diversion of government funds.
Somil Mehta, Head - Alternate Research, Capital Market Strategy at Mirae Asset Sharekhan, has recommended GMR Airports, Kotak Mahindra Bank, and L&T Finance as top stock picks for February 24, 2026.
Leading financial institution identifies key macroeconomic headwinds, including volatile crude prices and persistent inflation, that could impact near-term market performance.
Kotak Mahindra Bank is joining other financial institutions in securing dollar debt, aiming to do so before the Reserve Bank of India's window for such transactions closes.
Ashok Vaswani is scheduled to step down as the CEO of Kotak Mahindra Bank in December 2026. This announcement marks a future leadership change for the bank.
The Haryana government has suspended two Indian Administrative Service officers and severed ties with Kotak Mahindra Bank following alleged irregularities involving government funds parked with IDFC First Bank.
Rs 160 Crore Fixed Deposit Fraud Hits Kotak Mahindra Bank in Haryana