Kotak Mahindra Bank (KMB) has completed the acquisition of a personal loan portfolio from Standard Chartered Bank. The size of the portfolio stands at Rs33.3bn ($385m), which is lower than the ...

Personal loan foreclosure charges depend on bank rules. Timely repayment is crucial for avoiding financial issues and maintaining a good credit score. Personal loans offer quick funds with flexibility ...

Kotak's loans rose 16% in value terms in the December quarter, while deposits were up 15%. The loan growth comes despite restrictions placed on Kotak since April 2024 by the central bank ...

The rising stress levels in unsecured retail loan books of banks can spiral out of control and create asset quality risks this fiscal to the tune of ...

The CV/CE book accounts for 9 to 10 per cent of the overall loan book. Even in the company’s non-bank subsidiary Kotak Mahindra Prime, the two-wheeler segment is seeing delinquencies rise.

Private banks struggle in Q3FY25 with muted earnings growth, except for ICICI Bank and Kotak Mahindra Bank as outliers.