Kotak Mahindra Bank Q2 Results: PAT rises 5% YoY to Rs 3,344 cr; NII jumps 11%
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Inactive
Stealth • 8m
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
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LIKHITH
Stealth • 6m
DID YOU KNOW !?
Kotak Mahindra Finance became India's first NBFC to be converted into a bank after being granted an RBI banking license in 2003.
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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?
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Mr Z
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Medial • 7d
“As a founder, it is a very lonely journey.”
These words from Uday Kotak perfectly describe what entrepreneurship feels like.
In 1985, Kotak started with just three employees in a small office and a big dream.
Over time, he built Kotak Mahindra
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