kotak mahindra bank

Q1 results this week: RIL, Paytm, Infosys, Jio Financial, Kotak Mahindra Bank, and YES Bank

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Q1 results this week: RIL, Paytm, Infosys, Jio Financial, Kotak Mahindra Bank, and YES Bank

Several widely tracked companies, including Jio Financial, Paytm, Bajaj Auto, Bajaj Auto, Asian Paints, LTIMindtree, Infosys, Reliance Industries, Wipro, Union Bank of India, Kotak Mahindra Bank, Tanla Platform, Tata Technologies and YES Bank, will be releasing their June quarter report cards this week. Here’s the list: July 15 Jio Financial Services, HDFC Life Insurance Company, … Read more

Adani | Hindenburg | Kotak Mahindra Bank: Idea of Kotak as a party to Hindenburg’s Adani shorting strange and almost unbelievable: Shriram Subramanian

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Adani | Hindenburg | Kotak Mahindra Bank: Idea of Kotak as a party to Hindenburg’s Adani shorting strange and almost unbelievable: Shriram Subramanian

Shriram Subramanian, Founder & MD, InGovern, says Kotak would likely be acting as just a creator of a fund where someone else’s funds are used. US-based short-seller Hindenburg Research whose report on the Adani Group last year triggered a rout in the group’s stocks, has come out with a note stating India’s market regulator Sebi … Read more

Kotak Bank shares fall as its name crops up in Adani-Hindenburg saga

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Kotak Bank shares fall as its name crops up in Adani-Hindenburg saga

After US-based activist investor Hindenburg Research said that Kotak Mahindra Bank created and oversaw an offshore fund structure used to bet against Adani stocks, shares of the private sector lender fell up to 2% to day’s low at Rs 1,768 on BSE. A show cause notice, ostensibly issued by Sebi, released by Hindenburg in the … Read more

CSB Bank: Fairfax Group likely to sell 9.72% in CSB Bank

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CSB Bank: Fairfax Group likely to sell 9.72% in CSB Bank

Mumbai: Indian-born Canadian billionaire Prem Watsa’s Fairfax Group is likely to sell a 9.72% stake in CSB Bank on Thursday through block deals to raise about ₹595 crore. According to the term sheet issued by the banker IIFL, FIH Mauritius Investments, an entity belonging to Fairfax Group is expected to sell 1.68 crore shares in … Read more

Kotak Mahindra Bank shares fall 4% to fresh 52-week low on another bad news

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Kotak Mahindra Bank shares fall 4% to fresh 52-week low on another bad news

Kotak Mahindra Bank shares fell 4% to hit a fresh 52-week-low of Rs 1,561 on Thursday after the private lender delivered the bad news of the resignation of Joint Managing Director KVS Manian. Domestic brokerage Nuvama has downgraded the stock to reduce from buy. Kotak shares had ended last week 10% weaker after RBI restricted … Read more

yes bank: Deposit growth improves at private banks in Q4, but at higher costs

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yes bank: Deposit growth improves at private banks in Q4, but at higher costs

On a sequential basis, HDFC Bank, ICICI Bank, and Axis Bank reported a faster growth in deposits for the March quarter compared with the credit growth while IndusInd Bank and Yes Bank showed marginally lower growth in deposits than advances. Synopsis While these lenders were able to increase deposits at a faster clip during the … Read more

Adani group: Q4 results this week: Adani group to lead as 211 companies will declare earnings

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Adani group: Q4 results this week: Adani group to lead as 211 companies will declare earnings

With the fourth quarter earnings underway, as many as 211 companies will announce their quarterly results this week with some major names in the mix. Investors will be particularly watching out for some major earnings of Kotak Mahindra Bank, DMart, Ultratech Cement, Indian Oil, Adani Energy, Adani Power, Ambuja Cements, Adani Wilmar, Adani Enterprises, Coal … Read more

Big Movers on D-Street: What should investors do with Kotak Mahindra Bank, Hitachi Energy?

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Big Movers on D-Street: What should investors do with Kotak Mahindra Bank, Hitachi Energy?

Nifty ended April derivative series higher by 1.1% in which market-wide rollovers were marginally higher as compared to the previous month and stood at 93.2% vs 92.9% last expiry. Thursday’s session saw Kotak Mahindra Bank shares ending 11% lower at Rs 1,643 on NSE while Hitachi Energy India shares ended nearly 14% up at Rs … Read more

Uday Kotak: Global inflation, may keep rates in India higher for longer, too: Kotak

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Uday Kotak: Global inflation, may keep rates in India higher for longer, too: Kotak

Mumbai: Kotak Mahindra Bank founder Uday Kotak has warned about interest rates staying elevated for a longer period of time due to a higher-than-expected US inflation and firm oil prices. Kotak said US inflation may dent hopes of interest rate cuts by the Federal Reserve and keep interest rates “higher for longer” even in countries … Read more