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The Latest Breaking News from Kotak Mahindra Bank

Red alert: 15 stocks most vulnerable to FII selling as DIIs refuse to step in

Foreign institutional investors have divested approximately $53 billion from Indian equities since September 2024, leading to significant ownership shifts. Fifteen large-cap stocks, including HDFC Bank and Bharti Airtel, remain highly vulnerable due to dominant FII holdings and a lack of domestic institutional support, despite overall DII market dominance.

The Economic Times

Why Experts Fear India’s Toughest Economic Phase Yet

A single statement from banker Uday Kotak has suddenly sparked fear across India’s business and financial circles. “The shock is coming,” he warned while speaking about the growing Iran conflict and India’s dangerous dependence on imported oil. At first, it sounded like just another economic caution. But when India’s top…

MyLifeXP

Why Life Abroad Wasn’t What Indians Expected - Money Isn’t Everything

For years, leaving India for the West or the Gulf was seen as the ultimate life plan — a ticket to higher salaries, better standards of living, safe cities, global education for children, and a more comfortable future. But increasingly, Indians abroad are discovering that a bigger paycheck doesn’t automatically…

Times Life

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Glitch triggered messages about incorrect account balance, says Kotak Mahindra Bank

Kotak Mahindra Bank on Saturday said a glitch in its SMS messaging template resulted in an incorrect account balance shown in the UPI reversal alert message that was sent to some customers

The Hindu

Kotak Mahindra Bank weighs insurance unit stake sale: Report

Kotak Mahindra Bank, backed by billionaire Uday Kotak, is considering selling a minority stake in its general insurance unit, according to people familiar with the matter.

The Times of India

Banks hike MCLRs, repo-linked lending rates post RBI rate action

NEW DELHI: Joining peer lenders, SBI, Kotak Mahindra Bank and Federal Bank are the latest in the list to revise their marginal cost of funds based lending rates (MCLRs) in addition to hikes in repo-linked rates from early October.

The Times of India

RBI imposes penalty on Kotak Mahindra Bank, IndusInd Bank

MUMBAI: The Reserve Bank on Monday said it has imposed penalties of about Rs 1 crore each on Kotak Mahindra Bank and IndusInd Bank for deficiencies in regulatory compliance.

The Times of India

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SBI, BoB, others hike lending rates by up to 0.1%; EMIs to go up

NEW DELHI: EMIs for home, car and personal loans are set to go up for existing borrowers, with State Bank of India (SBI) and other major lenders including Bank of Baroda (BoB), Axis Bank and Kotak Mahindra Bank increasing their benchmark lending rates by up to 0.10 per cent.

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