If you have an ongoing Kotak Mahindra Bank personal loan and are considering foreclosing it, you can complete the process easily in simple steps. However, you must note that the bank will charge ...
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they do not expect any sharp spike in NPAs from other loans. In terms of future outlook, Kotak Bank aims to grow its advances at 1.5-2x of nominal GDP growth, aiming for return on asset (RoA ...
Kotak Mahindra Bank has completed the personal loan book buyout of Standard Chartered Bank, India, worth Rs 3,330 crore, after receiving necessary regulatory approvals, the bank said in an exchange ...
Kotak Bank reported a 10% rise in net profit, but its microfinance arm saw significant losses. Similarly, RBL Bank saw an 86% drop in net profit due to increased provisions for microfinance loans.
The acquisition is in line with KMBLs strategy to add value to existing business lines as it strengthens business loans portfolio. On 12 April 2013, Kotak Mahindra Bank Ltd (KMBL) announced that ...
Kotak Mahindra Bank is likely to report a quarter-on-quarter decline in net interest margin (NIM) due to weaker CASA. Provisions are expected to rise in double digits YoY and sequentially, driven by ...
What’s going on here? Kotak Mahindra Bank's profits jumped 10% in Q3 to 33.05 billion rupees ($382 million), driven by robust lending growth but offset by rising bad loan provisions. Kotak Mahindra’s ...
The loan growth comes despite restrictions placed on Kotak since April 2024 by the central bank, which prevent it from taking on new digital clients and issuing credit cards. The penalty was ...
Kotak Mahindra Bank shares: The Net Interest Income (NII) for Q3FY25 rose to Rs 7,196 crore, up 10% year-on-year from Rs 6,554 crore in Q3FY24. The Net Interest Margin (NIM) for Q3FY25 stood at 4.93%.
Headquartered in Mumbai, Maharashtra, Kotak Mahindra Bank is among ... credit cards and much more. The bank also offers various types of loans to customers. The bank is also a provider of multiple ...
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