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Kotak Mahindra Bank Ltd (KTKM.BO)

KTKM.BO on Bombay Stock Exchange

1,507.75INR
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Rs23.50 (+1.58%)
Prev Close
Rs1,484.25
Open
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Rs1,480.00
Volume
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142,304
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Rs1,555.45
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Rs1,002.30

Latest Key Developments (Source: Significant Developments)

Kotak Mutual Fund Launches Kotak Focused Equity Fund
Tuesday, 25 Jun 2019 

June 25 (Reuters) - Kotak Mutual Fund: :KOTAK MUTUAL FUND LAUNCHES KOTAK FOCUSED EQUITY FUND.KOTAK MUTUAL FUND - OPEN-ENDED SCHEME WILL INVEST IN A FOCUSED PORTFOLIO OF UP TO 30 STOCKS ACROSS LARGE-CAP, MID-CAP AND SMALL-CAP CATEGORIES.  Full Article

India's Kotak Mahindra Bank March-Qtr Profit Rises
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Kotak Mahindra Bank Ltd ::MARCH QUARTER NET PROFIT 14.08 BILLION RUPEES VERSUS NET PROFIT OF 11.24 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR MARCH QUARTER NET PROFIT WAS 13.59 BILLION RUPEES.MARCH QUARTER INTEREST EARNED 64.02 BILLION RUPEES VERSUS 53.23 BILLION RUPEES YEAR AGO.MARCH QUARTER PROVISIONS AND CONTINGENCIES 1.71 BILLION RUPEES VERSUS 3.07 BILLION RUPEES YEAR AGO.MARCH QUARTER GROSS NPA 2.14 PERCENT VERSUS 2.07 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 0.75 PERCENT VERSUS 0.71 PERCENT PREVIOUS QUARTER.RECOMMENDED DIVIDEND OF 0.8 RUPEES PER SHARE.MARCH QUARTER NIM 4.48 PERCENT.  Full Article

India's Kotak Mahindra Bank Dec-Qtr Profit Up 22.6 Pct
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Kotak Mahindra Bank Ltd ::DEC QUARTER NET PROFIT 12.91 BILLION RUPEES VERSUS NET PROFIT OF 10.53 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR DEC QUARTER NET PROFIT WAS 12.71 BILLION RUPEES.DEC QUARTER INTEREST EARNED 62.50 BILLION RUPEES VERSUS 50.09 BILLION RUPEES YEAR AGO.DEC QUARTER GROSS NPA 2.07 PERCENT VERSUS 2.15 PERCENT PREVIOUS QUARTER.DEC QUARTER NET NPA 0.71 PERCENT VERSUS 0.81 PERCENT PREVIOUS QUARTER.DEC QUARTER WRITE-BACK OF PROVISIONS 323 MILLION RUPEES VERSUS PROVISION OF 2.13 BILLION RUPEES YEAR AGO.SAYS NET INTEREST MARGIN FOR Q3FY19 AT 4.33 PERCENT.  Full Article

Kotak Mahindra Bank Files Writ Petition With Bombay High Court To Validate Bank's Position On PNCPS
Monday, 10 Dec 2018 

Dec 10 (Reuters) - Kotak Mahindra Bank Ltd ::FILED WRIT PETITION WITH BOMBAY HIGH COURT TO VALIDATE BANK'S POSITION IN RELATION TO PNCPS.  Full Article

Kotak Mahindra Bank Says Unaware Of Any Plans By Berkshire Hathaway On Buying Stake
Friday, 7 Dec 2018 

Dec 7 (Reuters) - Kotak Mahindra Bank Ltd::KOTAK MAHINDRA BANK LIMITED IS UNAWARE OF ANY PLANS BY BERKSHIRE HATHAWAY BUYING STAKE.  Full Article

Berkshire Hathaway May Look To Invest $4-$6 Bln In Kotak Mahindra Bank - CNBC-TV 18 Citing Sources
Friday, 7 Dec 2018 

Dec 7 (Reuters) - :BERKSHIRE HATHAWAY MAY LOOK TO INVEST $4 BILLION-$6 BILLION IN KOTAK MAHINDRA BANK - CNBC-TV 18 CITING SOURCES.BERKSHIRE HATHAWAY MAY LOOK AT BUYING PROMOTER STAKE OR VIA PREFERENTIAL ALLOTMENT TO INVEST IN KOTAK MAHINDRA BANK - CNBC-TV 18 CITING SOURCES.  Full Article

Kotak Mahindra Bank Sept qtr profit up about 22 pct
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Kotak Mahindra Bank Ltd :Sept quarter net profit 9.94 billion rupees versus net profit of 8.13 billion rupees year ago.Consensus forecast for sept quarter net profit was 9.94 billion rupees.Sept quarter interest earned 47.60 billion rupees versus 44.12 billion rupees year ago.Sept quarter provisions 2.17 billion rupees versus 1.98 billion rupees year ago.Sept quarter gross NPA 2.47 percent versus 2.58 percent previous quarter.Sept quarter net NPA 1.26 percent versus 1.25 percent previous quarter.Sept quarter NIM 4.33 percent.  Full Article

India cenbank imposes 20 mln rupee fine on Kotak Mahindra Bank

NEW DELHI, June 7 India's central bank on Friday fined Kotak Mahindra Bank Ltd 20 million rupees ($288,525) for not furnishing details about the shareholdings of its majority stakeholders and its plans for complying with stake dilution norms.