Kotak Mahindra Bank

  • AIMA Awards 2014: In conversation with Deepak Parekh, Uday Kotak, N Chandrasekaran August 10, 2014

    On the 5th edition of AIMA Managing Awards 2014, CNBC TV18's Shereen Bhan talks to HDFC Chairman Deepak Parekh who won Lifetime Contribution Award, MD of Kotak Mahindra Bank Uday Kotak who achieved Transformational Business Leader of the year and CEO & MD of Tata Consultancy Services N Chandrasekaran who...
  • ICICI Bank raises base rate by 0.25 per cent to 10% August 22, 2013

    Mumbai: ICICI Bank, the country's largest private sector lender, on Thursday increased its lending rate by 0.25 per cent to 10 per cent with effect from Friday. The bank also effected a similar hike in its prime lending rates, which will be applicable to existing customers who are on the...
  • Money laundering by banks: ICICI suspends 18 employees March 15, 2013

    New Delhi: Following the money laundering allegations against it along with a few other private banks, ICICI Bank on Friday suspended 18 of its employees. Earlier, Kotak Mahindra Bank issued a clarification saying none of its employees were involved in money laundering. "We wish to clarify that no such transactions...
  • Money laundering by banks: Kotak Mahindra denies allegations March 15, 2013

    New Delhi: After CNN-IBN accessed a confidential government investigation report which highlighted how several private banks were involved in conversion of black money into white, Kotak Mahindra Bank has refuted all the allegations. "We wish to clarify that no such transactions by the alleged person have been routed via Kotak...
  • Govt officials were informed of money laundering in banks: Report March 15, 2013

    New Delhi: A confidential government investigation report highlighting how several private banks were involved in conversion of black money into white has been accessed by CNN-IBN. The government investigation focussed on a Delhi-based middleman named Abdul Munaf Khan who allegedly deposited cash to the tune of Rs 100 crore in...
  • HDFC, Kotak Bank in Forbes' Asia Fab 50 list September 7, 2012

    Mumbai: HDFC Bank and Kotak Mahindra Bank have pipped their Chinese peers in the Forbes Asia's 'Fab 50' list this year. HDFC Bank, the country's most valued bank with the largest market capitalisation, and Kotak Mahindra Bank are the only two banks from Asia in the list, and among the...
  • Banking at high velocity: Uday Kotak November 11, 2011

    Uday Kotak Age: 52 Profile: Founder of Kotak Mahindra Bank and Indias first billionaire banker. Rich List Rank: 15 Wealth: $ 3.6 billion His Strength: Building a team that enjoys what it does. During every crisis, the entire top team would huddle together like a cricket team To see how far Uday Kotak has come, you dont have...
  • No plans to hike savings deposit rates now: SBI November 10, 2011

    Mumbai: Country's largest lender State Bank of India on Wednesday ruled out a hike in savings bank interest rate as of now. "There is not much adverse movement in the savings bank (SB) balances in the last one month. As of now, we have no plans to tinker with the SB...
  • Infosys top Indian firm for investor relations November 6, 2011

    New Delhi: Technology giant Infosys has been ranked as the country's best company for investorrelations practices such as corporate governance, financial disclosure and online dissemination of shareholderrelated information. In the firstever such rankings for India, compiled by Investor Relations Global Rankings (IRGR), Infosys has been ranked...
  • ICICI withdraws special home loan scheme March 5, 2010

    Mumbai: In a clear signal of a rising interest rate regime, country's largest private sector lender, ICICI Bank, on Thursday said it has hiked its auto loan rates by up to 0.5 per cent and withdrawn its 8.25 per cent special homeloan scheme. "Auto loans rack rates have been raised by...
  • Canon India, Kotak Mahindra react to new Budget July 6, 2009

    New Delhi: The Union Budget 2009 has been welcomed by the India Inc. Here are two of India's business majors' reaction to the budget. Group Head Retail Liabilities & Branch banking, Kotak Mahindra Bank KVS Manian says, ""The budget is a reflection of the down to earth approach of both the...