Kotak Mahindra Bank Q1 FY25 profits skyrocket! What’s driving this unprecedented growth?

Pallavi Madhiraju- July 20, 2024 0

A significant factor in this financial upsurge was the bank’s strategic divestment of a 70% stake in Kotak General Insurance to Zurich Insurance Group, a ... Read More

Kotak Mahindra Bank witnesses notable financial performance in 9MFY24 and Q3FY24

Pallavi Madhiraju- January 21, 2024 0

Kotak Mahindra Bank Q3FY24 Results : Indian private sector bank Kotak Mahindra Bank has announced a substantial increase in its financial performance for the nine ... Read More

Kotak Mahindra Bank and IndianOil launch IndianOil Kotak Credit Card

Pallavi Madhiraju- December 19, 2023 0

Kotak Mahindra Bank and IndianOil Corporation Limited have joined forces to introduce the IndianOil Kotak Credit Card, a pioneering solution set to revolutionize the fuel ... Read More

Zurich Insurance to acquire majority stake in Kotak Mahindra General Insurance for $488m

Pallavi Madhiraju- November 2, 2023 0

Zurich Insurance Group has made a groundbreaking move by announcing its proposed acquisition of a 51% stake in Kotak Mahindra General Insurance Company Limited, one ... Read More

Kotak Mahindra Bank Q2FY24 results: Standalone PAT surges 24% to Rs 3,191cr

Pallavi Madhiraju- October 21, 2023 0

Kotak Mahindra Bank has revealed its unaudited standalone results for the quarter and half-year ending on September 30, 2023. The Bank's Profit After Tax (PAT) ... Read More

Kotak Mahindra Bank reports strong Q1FY24 results, PAT up 67% YoY

Pallavi Madhiraju- July 22, 2023 0

Kotak Mahindra Bank's board of directors has announced unaudited standalone and consolidated results for Q1FY24, witnessing a significant increase across key metrics compared to the ... Read More

Kotak Mahindra ropes in Cyril Amarchand Mangaldas for Sonata Finance deal

Pallavi Madhiraju- March 5, 2023 0

Mumbai-based law firm Cyril Amarchand Mangaldas said that it was roped in by Kotak Mahindra Bank as an advisor for the bank’s INR 537 crores ... Read More

Kotak Mahindra Bank launches new digital platform called Kotak Fyn

Pallavi Madhiraju- February 22, 2023 0

Indian private sector bank Kotak Mahindra Bank (KMBL) said that it has launched a comprehensive digital platform called Kotak Fyn, designed particularly for corporate banking ... Read More

Kotak Mahindra Bank to acquire microfinance institution Sonata Finance

Pallavi Madhiraju- February 13, 2023 0

Kotak Mahindra Bank (KMBL) has agreed to acquire Sonata Finance Private Limited (SFPL), an Indian non-banking finance company, from existing shareholders for about INR 537 ... Read More

Kotak Mahindra General Insurance taps Clootrack to enhance CX with AI

Pallavi Madhiraju- January 10, 2023 0

Clootrack, an artificial intelligence (AI)-driven, real-time customer experience platform, said that Kotak Mahindra General Insurance Company, a fully-owned subsidiary of Kotak Mahindra Bank, has partnered ... Read More