The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with Kotak Mahindra Bank Ltd. to enhance financial and non-financial support for startups across India.
He added that the Samvat year 2081 has been a challenging one for equity investors, with muted returns amid a volatile global environment, said Uday Kotak, in his market outlook ahead of Diwali.
Mumbai (Maharashtra) [India], August 25: Kotak Mahindra Life Insurance Company Ltd ('Kotak Life') is proud to announce that its innovative product, Kotak Gen2Gen Income, has been recognised with the prestigious 'Product of the Year 2025' award in the 'Life Insurance - Savings Plan' category.
The Reserve Bank has lifted all restrictions it placed on Kotak Mahindra Bank. On April 24 last year, the RBI imposed certain business restrictions on the private lender.
Gurgaon (Haryana) [India], January 13: JSW MG Motor India today announced its partnership with KMPL to offer a finance solution for its innovative Battery-As-A-Service (BaaS) ownership program to EV customers. With this partnership, KMPL becomes one of the first leading auto financers to sup
Mumbai (Maharashtra) [India], January 9: Kotak Mahindra Life Insurance Company Ltd ("Kotak Life") has unveiled Kavya, an advanced HR virtual assistant powered by generative AI, designed to enhance employee experience and engagement.
As the curtains come down to the calendar year 2024, Uday Kotak, Founder and Director of Kotak Mahindra Bank, has listed ten-point priority areas for the overall growth of the Indian economy in the year that knocks our doors.
New Delhi [India], December 2: Entrepreneurs, investors, and stakeholders need to comprehend the impact of turnover on firm valuation. Turnover indicates a business's operational stability, capacity for expansion, and sales effectiveness. To run a business smoothly, it is important to unders
Upasna Bhardwaj, chief economist at Kotak Mahindra Bank, noted that the sharp dip in GDP growth reflects the disappointing corporate earnings data, particularly in the manufacturing sector, which appears to have faced the brunt of the slowdown.
The quarter saw the bank's Net Interest Income (NII) rise by 11 per cent YoY to Rs7,020 crore, while the Net Interest Margin (NIM) was maintained at 4.91 per cent.
Kotak Mahindra Bank has reported a significant growth in its financial performance for the first quarter of FY25, with the Profit After Tax (PAT) reaching Rs 6,250 crore, an 81 per cent increase from Rs 3,452 crore in Q1FY24.
Jethmalani in his social media post on "X" alleged that "spy" Anla Cheng and her husband Mark Kingdon hired Hindenburg Research to prepare a report on Adani group companies. The senior lawyer further said that they used Kotak Mahindra Investments Limited (KMIL) to set up a trading account