Saturday, 28 May, 2022
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TopicKotak Mahindra Bank

Topic: Kotak Mahindra Bank

Why e-payments firm BharatPe’s board wants to oust Ashneer Grover, who co-founded the company

Shubham Batra -
Grover is locked in battle with fintech firm’s board as he faces allegations of financial fraud & misbehaviour that industry insiders attribute to ‘God Syndrome’ from his own success.

How Uday Kotak became world’s richest banker with $16 billion wealth after brush with death

Suvashree Ghosh -
A cricket ball that hit Uday Kotak in the head & led to an emergency surgery pushed him to abandon dream of becoming a professional player and get into finance.

How Kotak Mahindra Bank, IndusInd merger stacks up in numbers

Rahul Satija -
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

Baiju Kalesh -
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

Naiyya Singh -
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...

Govt’s immediate priority has to be to address loss of lives and livelihoods: Uday Kotak

Remya Nair -
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

PTI -
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

Suvashree Ghosh -
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

Suvashree Ghosh -
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

Julia Fioretti -
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.
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Representational image of cryptocurrencies | Pizabay

What are UST & Luna and why the fall of 2 ‘stablecoins’ led to a crypto crash in India

Shubham Batra -
Along with crash in value of UST and Luna coins, Indian market for crypto assets also reeling under strict control imposed by government, with the imposition of TDS on all crypto transactions.

Defence

NSA Ajit Doval with NSAs from the other countries at the meeting at Dushanbe, Tajikistan | Photo: Courtesy the NSA's office

NSA Ajit Doval pushes for ‘terror free’ Afghanistan, says India stands with Afghan people

Snehesh Alex Philip -
Doval's comments came at 4th Regional Security Dialogue on Afghanistan attended by national security advisors from Tajikistan, India, Russia, Kazakhstan, Uzbekistan, Iran, Kyrgyzstan & China.

National Interest

Why it’s obscene to tell Ukraine to give in & how war-upended global balance of power brings openings for India

Shekhar Gupta -
Global order is in flux, and India is being wooed by all. It opens up economic, strategic & military possibilities unimaginable till recently. It is for India to take this opportunity.

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