Topic: Kotak Mahindra Bank
How Kotak Mahindra Bank, IndusInd merger stacks up in numbers
The combination would boost its assets to Rs 7 lakh crore and cement Kotak’s position as India’s fourth-largest private bank, closing the gap with Axis Bank Ltd.
Kotak Mahindra Bank is exploring taking over IndusInd Bank
IndusInd, however, denied any sale talks, calling it a rumour. It said the bank’s founders reiterate their full support 'now and always'.
Off The Cuff with Uday Kotak
Uday Kotak, MD and CEO of Kotak Mahindra Bank and President, Confederation of Indian Industry was the guest at ThePrint's Off the Cuff. In a conversation with ThePrint's Editor-in-chief Shekhar Gupta, Kotak said India needs to spur private investment after years of disproportionately relying on government expenditure for economic growth. Kotak firmly opposed waiving off interest on loans under moratorium pointing out that this will mean that even depositors are not paid interest for their deposits. Kotak said he interprets Prime Minister Narendra Modi's call of an AtmaNirbhar or self-reliant Bharat to mean a competitive India engaged with the world and not necessarily protectionism. He also made a case for India to target a sustainable medium-term growth.
Govt’s immediate priority has to be to address loss of lives and livelihoods: Uday Kotak
Speaking to ThePrint’s Editor-in-Chief Shekhar Gupta at Off The Cuff, Kotak Mahindra Bank MD & CEO Uday Kotak said govt could explore direct cash transfers route if needed.
Uday Kotak to sell 2.8% stake in Kotak Mahindra Bank for at least Rs 6,800 crore
Currently, Kotak and his family holds 28.8 per cent stake in the bank as against the RBI mandate of 26 per cent.
Kotak Mahindra Bank will be cautious about giving new loans, CEO Uday Kotak says
Kotak Mahindra Bank will ‘very seriously’ screen lending & only approve loans that involve ‘right risks’, Uday Kotak says after Q4 profit falls nearly 10%.
Kotak Mahindra Bank posts 10% decline in profits as it steps up provisions for bad loans
Indian banks are bracing for a surge in bad debts as an economic lockdown triggers mass unemployment and leaves many companies facing bankruptcy.
India joins China and Australia to loosen rules for raising capital
Kotak Mahindra Bank Ltd. announced a plan to issue 65 million shares to strengthen its capital buffers as Indian banks brace for a surge in defaults.
Lockdown will test the resilience of even HDFC Bank, Kotak Mahindra and ICICI Bank
HDFC Bank, Kotak Mahindra & ICICI Bank – India’s strongest private banks – have been unable to escape the effects of the lockdown.
Uday Kotak asks Arun Jaitley about the future of electoral bonds
Kotak asked Jaitley how he saw the path towards electoral reforms and the role of electoral bonds in that journey.
Five reasons that are stopping Ganga from becoming clean
The bureaucracy is capable enough to prove to the govt that Ganga has been completely cleaned. But that, we know, would be far from truth.
Revival in demand & business activity push Indian economy’s animal spirits up in September
Economists attributed the recovery to pent-up demand after a strict lockdown imposed in March hit the consumption of goods and services.
Defence
The 3 foundational agreements with US and what they mean for India’s military growth
Basic Exchange and Cooperation Agreement, the last of the key foundational agreements between India & US, was signed Tuesday. LEMOA was signed in 2016 and COMCASA in 2018.
Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace
Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.