October 05, 2022 17:07 (IST)
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Kotak launches real-time working capital finance for MSMEs

Kolkata: As part of its digital-first strategy, Kotak Mahindra Bank Thursday announced the launch of a real-time loans offering for its clients classified as micro, small and medium enterprises (MSMEs) that are registered on the Government’s e-Marketplace (GeM) Sahay - a platform that connects sellers with lenders.

Kotak Mahindra Bank Q4FY22results: Consolidated PAT up 50 pc YoY at Rs 3,892 cr; standalone PAT jumps 65 pc to Rs 2,767 cr

Private sector lender Kotak Mahindra Bank Wednesday announced a consolidated PAT of Rs 3,892 crore for Q4FY22, up 50 percent from Rs 2,589 crore in Q4FY21.

Kotak Mahindra Bank Q3FY22 profit jumps 15 pc YoY to Rs 2,131 cr, NII grows 12 pc to Rs 4,334 cr

Mumbai/IBNS: Private sector lender Kotak Mahindra on Friday announced a standalone Profit After Tax (PAT) for Q3FY22 of Rs 2,131 crore, up 15 percent from Rs 1,854 crore for Q3FY21 and 4.87 percent increase from Rs 2,032 crore from the previous quarter.

Kotak Mahindra Bank launches Fintech Hackathon for gen-next

Kolkata/IBNS: Kotak Mahindra Bank Limited (KMBL) Monday launched their inaugural edition of a pan-India fintech hackathon- “Reign: REImaGiNe the way we bank!” targeting participation from undergraduate Indian engineering students.

Kotak Mahindra Bank and PVR Cinemas launch India’s first co-branded Movie Debit Card

Mumbai/IBNS: Celebrating the return of the silver screen with the reopening of cinema halls, Kotak Mahindra Bank (KMBL) and PVR Cinemas have announced the launch of the Kotak PVR Movie Debit Card - India’s first co-branded movie debit card.

Kotak Mahindra Bank: Standalone NII for Q2FY22 rises 3 pc to Rs 4,021 cr; PAT jumps 24 pc to Rs 2,032 cr (YoY)

Kolkata/IBNS: The Board of Directors of Kotak Mahindra Bank has approved the unaudited standalone and consolidated results for Q2FY22, at the Board meeting.

Kotak Mahindra Bank receives approval for collection of direct and indirect taxes

Kolkata: Kotak Mahindra Bank Limited (KMBL) on Monday announced that it has received approvals from the Government of India for the collection of direct and indirect taxes such as Income Tax, Goods and Services Tax (GST) etc through its banking network.

Kotak Mahindra Bank launches NPS on Mobile

Mumbai/UNI: Kotak Mahindra Bank Limited (KMBL) on Friday said that it has gone live with the launch of the National Pension System (NPS) on mobile.

Kotak Mahindra Bank forays into healthcare financing

Kolkata/IBNS: Kotak Mahindra Bank (KMBL) Tuesday announced its entry into healthcare financing, ranging from healthcare infrastructure loans, medical equipment finance and unsecured healthcare loans.

Kotak Mahindra Bank signs MoU with the Indian Navy for salary account

Kolkata/IBNS: Kotak Mahindra Bank (KMBL), a financial services conglomerate, and the Indian Navy announced Tuesday that they have signed a Memorandum of Understanding (MoU)  enabling KMBL to offer its salary account proposition to all personnel of the Indian Navy – both serving and retired.

Kotak Mahindra Bank launches payment app for customers

Kolkata/IBNS: Kotak Mahindra Bank (KMBL) Thursday announced the launch of ‘Pay Your Contact’ – an innovative feature on KMBL’s mobile banking app that uses the Unified Payments Interface (UPI) platform and allows customers to send money or make payments to any of their contacts across all payment apps by entering the beneficiary’s mobile number.

Kotak, Metropolis join hands to offer Covid antibody test at 30 pct discount

Kolkata/IBNS: To help assess one’s antibody levels, Kotak Mahindra Bank Ltd (KMBL) on Tuesday announced an exclusive offer for its customers in a tie-up with Metropolis Healthcare Limited (Metropolis).

Monetary expansion or printing of money: Uday Kotak on ways to revive COVID-19-hit economy

Mumbai/New Delhi/IBNS:Kotak Mahindra Bank CEO, Uday Kotak, has proposed a few ways to the central government to carve a path out of the economic downslide caused by COVID-19 pandemic and subsequent lockdown.

Kotak Mahindra Bank Q4 consolidated net rises by 35.91 pc to Rs 2589.32 cr

Mumbai/UNI: Private sector lender Kotak Mahindra Bank reported a rise of 35.91 pc in its consolidated net profit for the quarter ended March 31, 2021 at Rs.2589.32 crore as against net profit of Rs.1905.18 crores for the quarter ended March 31, 2020.

Kotak Mahindra Bank reminds its customers of safe banking and online transaction practices

Kolkata/IBNS: First demonetisation and then pandemic related containment measures have resulted in a jump in online banking transactions but unfortunately this has also led to an increase in online frauds, especially related to EMI moratorium, KYC Updation and UPI.