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Sensex drops most in a month as earnings weigh

BSE     Mumbai : Market posted its worst single-day fall in nearly one month as the benchmark BSE Sensex plunged by 205 points to 27,710.52 after earnings of HDFC Bank [...]

July 21st, 2016 | Posted in Business,Highlights | Read More »

Kotak Bank gets FIPB nod to raise fgn investment limit to 55%

Kotak Mahindra BankNew Delhi: Kotak Mahindra Bank’s proposal to raise foreign investment limit in the lender to 55 per cent was cleared by the Foreign Investment Promotion Board (FIPB) today. After deferring [...]

July 3rd, 2015 | Posted in Business | Read More »

Kotak Bank lowers base rate to 9.75 per cent

Kotak Mahindra BankMumbai: The fourth largest private sector lender Kotak Mahindra Bank (KMB) today cut its base rate by 0.10 per cent to 9.75, joining its larger rivals which have announced such [...]

July 1st, 2015 | Posted in Business | Read More »

Kotak Mahindra shares end flat

Kotak Mahindra BankMumbai: Kotak Mahindra Bank stock ended flat today, erasing intra-day losses after an inter-ministerial panel deferred decision on its proposal for raising foreign investment limit to 55 per cent. After [...]

June 16th, 2015 | Posted in Business | Read More »

Kotak Mahindra Bank shares down 2%

Kotak Mahindra BankMumbai:  Shares of Kotak Mahindra Bank fell by nearly 2 per cent today after an inter-ministerial panel deferred decision for the second time on the company’s proposal for raising foreign [...]

June 16th, 2015 | Posted in Business | Read More »

FIPB defers Kotak Bank’s proposal to hike FDI limit

Kotak Mahindra BankNew Delhi: FIPB today deferred a proposal of Kotak Mahindra Bank to increase foreign investment limit to 55 per cent. “We have not received comments from department of financial services [...]

May 28th, 2015 | Posted in Business | Read More »

Kotak Bank cuts base rate by 0.15 pc to 9.85 pc

Kotak and ING mergerMumbai: Private sector lender Kotak Mahindra Bank today joined its larger rivals and announced a 0.15 per cent cut in base rate to 9.85 per cent. “We have reduced our [...]

April 13th, 2015 | Posted in Business | Read More »

Kotak Mahindra Bank to acquire ING Vysya Bank

Kotak Mahindra BankNew Delhi, Nov 20 (PTI) Kotak Mahindra Bank today decided to acquire mid-sized lender ING Vysya Bank in an all-share transaction to strengthen its position ahead of entry of new [...]

November 20th, 2014 | Posted in Business | Read More »

Now, send money to your Facebook friends real time for free

Facebook-LogoMumbai: Private sector lender Kotak Mahindra Bank (KMB) today launched a Facebook-based instant fund transfer service wherein one can send money to friends on the social media network real time, [...]

October 13th, 2014 | Posted in Business | Read More »

Now, access your SBI account via twitter

sbiAfter launching accounts on Facebook and Youtube, the country’s largest lender SBI today took one more step on the social media [...]

April 4th, 2014 | Posted in Business | Read More »