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Kotak Mahindra Bank Q2 Results: PAT rises 5% YoY to Rs 3,344 cr; NII jumps 11%

Today's scoop: 😋 Despite RBI action, Kotak Mahindra Bank stays strong, assuring customers of smooth operations. ☝️ While pausing new credit card issuances temporarily, they're on it—working hand in hand with regulators. ⛔ Stock prices took a hit

RBI Banned Kotak Mahindra Bank from onboarding new users and to stop issuing new credit cards then bank’s Joint MD resigned.Why do Executives leave the company after a issue Comes out Was they forced to resign to regain trust?

Meet the man who built India's third-largest bank worth 45,000 CR. 1. Born into a 60-member Gujarati joint family, Uday Kotak used to stay in a single house with his family, who shared one kitchen. He worked hard and studied master's at the Universi

In the last few years, the returns from the Indian banking sector have not been very impressive. The PE ratio and PB ratio are all below their averages. Currently, the results of HDFC Bank and Kotak Mahindra Bank will decide whether banking stocks or

Brief History of RBI The Reserve Bank of India (RBI) was established on April 1, 1935, based on the Hilton Young Commission's recommendations and the Reserve Bank of India Act, 1934. Initially, the RBI took over the functions of the Controller of

Stocks to Watch: Tech Mahindra, HDFC Bank, Kotak Bank, Jio Financial Tech Mahindra reported a significant rise in consolidated net profit, which more than doubled to ₹1,250 crore in the July-September quarter of FY2024-25. This jump was primarily dr

Navi Finserv Ordered to Cease Loan Disbursement by RBI 🚨 In a recent development, Navi Finserv, the NBFC arm of Sachin Bansal’s Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa

Meet the man who created an 8500 CR bank for women. 1. Born in the coal city of Dhanbad in Jharkhand, Samit Ghosh was hugely inspired by his father, a World War II doctor who set up government hospitals in the city's poor coal mining areas. But lost

Ulala Olala! Ola Electric, India's leading electric two-wheeler maker, has SEBI's nod for a ₹5,500 crore ($660 million) IPO. Key details: - Fresh issue: ₹5,500 crore; OFS: 95.2 million shares. - Target valuation: $6 billion. - Funds for: cap