Kotak Mahindra Bank: Macquarie says RBI decision a ‘significant’ setback, shares hit 10% lower circuit
Kotak Mahindra Bank shares hit a 10% lower circuit in trade today morning. As of 10:00 AM, the stock was down 9.93% or Rs 183.05 at Rs 1,659.75.
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Kotak Mahindra share price falls 10% following RBI action, cautious brokerage commentary
Kotak Mahindra Bank share price made a morning low of Rs 1,658.55 and was down 9.2% at Rs 1,671.60 at 9:20 AM on the NSE. The decline comes in following the RBI action on the bank and cautious brokerage commentary.
Kotak Mahindra Bank Share Price: Jefferies turns cautious post RBI action, slashes target price for the stock
Brokerage firm Jefferies turns cautious on Kotak Mahindra Bank stock, cuts its share price target to Rs 1,970 from Rs 2,050 post the RBI action.
Stocks In Focus: Kotak Mahindra Bank shares likely to open lower amid RBI’s ban on issuing new credit cards, onboarding customers online
Kotak Mahindra Bank’s share price is likely to take a hit tomorrow according to experts after the RBI announcement barring the bank to onboard any new customers through its digital channels and also issuing any fresh credit cards.
Stocks To Watch Today: Whirlpool, Kotak Mahindra Bank, NBCC India, Vibhor Steel Tubes
Top stocks to watch today are Whirlpool, Kotak Mahindra Bank, NBCC India, Vibhor Steel Tubes.
Stocks To Watch Today: Britannia, Nykaa, NLC India, Lupin, Biocon, Kotak Mahindra Bank
Top stocks to watch today are Britannia, Nykaa, NLC India, Lupin, Biocon, and Kotak Mahindra Bank.
Ashok Vaswani appointed as new CEO of Kotak Mahindra Bank
RBI has approved the appointment of Ashok Vaswani as the new Managing Director & CEO of Kotak Mahindra Bank.
Kotak Mahindra Bank profit zooms 24 pc in Q2 to Rs 3,191 cr
Kotak Mahindra Bank reported a 24% YoY rise in standalone net profit at Rs 3,191 crore for Q2 of FY 23-24.
RBI imposes ₹3.95 crore penalty on Kotak Mahindra bank for non-compliance
RBI has imposed a monetary penalty of ₹3.95 crore on Kotak Mahindra Bank Limited for non-compliance with various RBI directions.
Kotak Mahindra Bank Q1: Investment in government bonds rises 53.3%
The total investment in April-June rose around 39 percent on-year to Rs 1.24 lakh crore from Rs 89,183 crore in the year-ago quarter
Kotak Mahindra Bank Q4 net profit jumps 26%, NPA shrinks
Private sector lender Kotak Mahindra Bank on Saturday reported 26.31% year-on-year rise in standalone net profit at Rs 3,495.59 crore for the fourth quarter ending March 2023 (Q4FY23).
Kotak Mahindra Bank gets shareholders nod to appoint Uday Kotak as Non-Executive Director post his tenure end in Dec 2023
CEO, Uday Kotak's term will end in December 2023 this year
Kotak Mahindra Bank taps Egon Zehnder for CEO search
Uday Kotak has been the bank's CEO from its founding in 1985 as a non-banking financial company.
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