Kotak Mahindra Bank | Business Upturn

South Indian Bank receives RBI approval for Kotak Mahindra to acquire 9.99% stake

Arunika Jain — Thu, 07 May 2026 12:40:48 +0000

The South Indian Bank has received approval from the Reserve Bank of India (RBI) for Kotak Mahindra Bank to acquire up to 9.99% of its paid-up share capital or voting rights. This regulatory nod, communicated on 6 May 2026, is subject to compliance with several statutory provisions.

The approval allows Kotak Mahindra Bank to increase its stake in South Indian Bank, contingent upon adherence to the Banking Regulation Act, 1949, and the Reserve Bank of India (Commercial Banks – Acquisition and Holding of Shares or Voting Rights) Directions, 2025. Additionally, compliance with the Foreign Exchange Management Act, 1999, and regulations issued by the Securities and Exchange Board of India is required.

This strategic move by Kotak Mahindra Bank is part of its broader plan to expand its footprint in the Indian banking sector. The acquisition aligns with the bank’s growth strategy, potentially enhancing its influence and operational capabilities within the industry.

The South Indian Bank has made this information available on its official website, ensuring transparency and accessibility for stakeholders. The development is a significant step in the evolving landscape of Indian banking, reflecting ongoing consolidation trends among financial institutions.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank receives RBI approval to acquire 9.99% stake in City Union Bank

Arunika Jain — Thu, 07 May 2026 10:35:21 +0000

Kotak Mahindra Bank Limited has received approval from the Reserve Bank of India (RBI) to acquire up to 9.99% of the paid-up share capital or voting rights in City Union Bank Limited. The approval, communicated via RBI’s letter dated 6 May 2026, is subject to compliance with various regulatory provisions.

The acquisition is contingent upon adherence to the Banking Regulation Act, 1949, and the Reserve Bank of India (Commercial Banks- Acquisition and Holding of Shares or Voting Rights) Directions, 2025, which were issued on 28 November 2025 and have been amended from time to time. Additionally, the acquisition must comply with the Foreign Exchange Management Act, 1999, and regulations issued by the Securities and Exchange Board of India, among other applicable statutes and guidelines.

This development marks a significant step for Kotak Mahindra Bank as it expands its investment portfolio within the Indian banking sector. The approval is crucial for the bank to proceed with its intended acquisition, aligning with its strategic growth objectives.

City Union Bank, established in 1904 and headquartered in Kumbakonam, Tamil Nadu, is a prominent player in the Indian banking industry, known for its strong regional presence and customer-centric services.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Federal Bank receives RBI approval for Kotak Mahindra’s 9.99% stake acquisition

Kinjal — Thu, 07 May 2026 07:42:55 +0000

The Federal Bank has announced that it received approval from the Reserve Bank of India (RBI) for Kotak Mahindra Bank Limited to acquire an aggregate holding of up to 9.99% of its paid-up share capital or voting rights. This approval, communicated to Federal Bank on 6 May 2026, is subject to several regulatory conditions.

The RBI’s nod for this acquisition is contingent upon compliance with various statutory and regulatory provisions. These include the Banking Regulation Act, 1949, the Reserve Bank of India (Commercial Banks – Acquisition and Holding of Shares or Voting Rights) Directions, 2025, the Foreign Exchange Management Act, 1999, and regulations issued by the Securities and Exchange Board of India (SEBI), among others.

Kotak Mahindra Bank’s proposed acquisition aligns with regulatory frameworks that govern the acquisition and holding of shares or voting rights in commercial banks. The approval is a significant step for Kotak Mahindra Bank as it seeks to expand its investment portfolio within the Indian banking sector.

Federal Bank has requested stakeholders to note this development as part of its regulatory compliance under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

AU Small Finance Bank receives RBI approval for Kotak Mahindra’s 9.99% stake acquisition

Kinjal — Thu, 07 May 2026 03:24:24 +0000

AU Small Finance Bank (AU SFB) has announced that it has received approval from the Reserve Bank of India (RBI) for Kotak Mahindra Bank Limited (KMBL), along with its subsidiaries and funds managed by them, to acquire an aggregate holding of up to 9.99% of AU SFB’s paid-up share capital or voting rights. This development was confirmed in a letter from the RBI dated 6 May 2026.

The approval from the RBI is contingent upon compliance with several regulations, including the Banking Regulation Act, 1949, and applicable RBI directions. Additionally, the acquisition must adhere to the provisions of the Foreign Exchange Management Act, 1999, and regulations issued by the Securities and Exchange Board of India, among other relevant statutes and guidelines.

This strategic move by Kotak Mahindra Group, which includes KMBL and its subsidiaries, marks a significant step in expanding its influence and investment in the Indian banking sector. The acquisition is expected to enhance the financial synergy between the two banks, potentially leading to increased market competitiveness and expanded service offerings for customers.

AU Small Finance Bank, known for its focus on providing financial services to underserved and unbanked segments, stands to benefit from this partnership with one of India’s leading banking groups. The collaboration could potentially bring in new resources and expertise, aiding AU SFB in its mission to enhance financial inclusion across the country.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

HDFC Bank receives RBI approval to invest in ICICI and Kotak

Yash Agarwal — Wed, 06 May 2026 16:45:29 +0000

HDFC Bank has received approval from the Reserve Bank of India (RBI) to acquire an aggregate holding of up to 9.95% of the paid-up share capital or voting rights in ICICI Bank and Kotak Mahindra Bank. The approval, communicated through letters dated 6 May 2026, is valid for one year, until 5 May 2027.

The RBI’s approval allows HDFC Bank, as the promoter and sponsor of its group entities, to make these investments. The group entities include HDFC Mutual Fund, HDFC Life Insurance Company Limited, HDFC ERGO General Insurance Company Limited, HDFC Pension Fund Management Limited, and HDFC Securities Limited. The bank must ensure that the aggregate holding does not exceed the 9.95% threshold at any time.

According to the Reserve Bank of India (Commercial Banks – Acquisition and Holding of Shares or Voting Rights) Directions, 2025, ‘aggregate holding’ encompasses shareholding by the bank, body corporate under the same management or control, mutual funds, trustees, and promoter group entities. Although HDFC Bank does not plan to directly invest in ICICI and Kotak, the aggregate holding of its group entities is likely to surpass the prescribed limit of 5%. Consequently, HDFC Bank submitted an application to the RBI on 23 January 2026, seeking approval to increase investment limits.

The investments by HDFC Bank group entities are part of the normal business operations of these entities.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Top Q4 Results Today, May 2: Kotak Mahindra Bank, DMart, APL Apollo Tubes, Netweb Technologies and more to announce earnings

Aman Shukla — Sat, 02 May 2026 05:12:06 +0000

A busy earnings day is underway as at least 26 companies are set to announce their Q4FY26 results for the January–March quarter on May 2. The disclosures will provide detailed insights into revenue growth, net profit, operating margins, and overall financial performance for the final quarter of FY26.

The results season continues to offer a clearer picture of how Indian corporates have performed across sectors such as banking, retail, capital goods, and manufacturing. Investors and analysts are closely tracking these updates to assess demand trends, cost pressures, and forward-looking guidance.

Among the prominent names scheduled to release earnings today are Avenue Supermarts Ltd., which operates the DMart retail chain, Kotak Mahindra Bank Ltd., one of India’s leading private lenders, and APL Apollo Tubes Ltd., a key player in the structural steel segment. Their performance is expected to set the tone for sectoral trends, especially in consumption and financial services.

Other companies lined up to report include Nitta Gelatin India Ltd., LG Balakrishnan & Bros Ltd., India Shelter Finance Corporation Ltd., Family Care Hospitals Ltd., Sharp Investments Ltd., Rhetan TMT Ltd., and Netweb Technologies India Ltd..

Along with quarterly numbers, companies are also expected to share full-year FY26 performance updates, offering a broader view of growth momentum and profitability trends. Management commentary during earnings calls will be crucial in understanding demand outlook, expansion plans, and sector-specific challenges.

APL Apollo issues Rs 100 crore commercial paper at 6.15% rate

Yash Agarwal — Wed, 22 Apr 2026 06:42:08 +0000

APL Apollo Tubes has announced the issuance of commercial paper valued at ₹100 crore. The security, identified with ISIN INE702C14CY8, was allotted on 22nd April 2026 and is set to mature on 25th June 2026. The commercial paper carries an interest rate of 6.15% and has a tenure of 64 days.

The issuance is in favour of Kotak Mahindra Bank Ltd and has been rated [ICRA] A1+, indicating a high degree of safety regarding timely payment of financial obligations. The commercial paper will be listed on BSE Limited, providing investors with an opportunity to trade the security on the exchange.

This move is part of APL Apollo‘s ongoing efforts to manage its short-term financing needs effectively. The company has adhered to the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, in issuing this commercial paper.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Aavas Financiers appoints Manu Yeshpal Singh as new Managing Director & CEO

Kinjal — Mon, 20 Apr 2026 04:40:29 +0000

Aavas Financiers Limited has announced the appointment of Mr. Manu Yeshpal Singh as its new Managing Director and CEO, effective from April 21, subject to approval from the Reserve Bank of India. This strategic move is part of a Board-led succession process aimed at ensuring leadership continuity as the company embarks on its next phase.

Mr. Singh joins Aavas from Kotak Mahindra Bank, where he was the President and Business Head of Housing Finance. He brings over 25 years of experience from notable institutions such as Kotak Mahindra Bank, Tata Capital, and ICICI Bank. His expertise spans retail lending, credit, operations, and collections, with a strong emphasis on risk management and governance.

Aavas continues to focus on disciplined growth in the affordable housing finance sector, maintaining prudent underwriting standards and investing in compliance, distribution, and technology. Mr. Sachinderpalsingh Jitendrasingh Bhinder, the outgoing Managing Director & CEO, will remain as a senior advisor to ensure a smooth transition.

Sandeep Tandon, Chairperson of Aavas, expressed confidence in Mr. Singh’s ability to lead the company into its next growth phase, citing his sector expertise and leadership skills. The Board also extended its gratitude to Mr. Bhinder for his significant contributions to the company’s growth and stability.

Under Mr. Bhinder’s leadership, Aavas achieved a 36% quarter-on-quarter and 16% year-on-year growth in disbursements for the quarter ending March 31, 2026. The company expanded its distribution network by adding 38 new branches, bringing the total to 435 across India.

Mr. Bhinder expressed his pride in leading Aavas and his confidence in Mr. Singh’s leadership to continue serving families seeking affordable housing. Mr. Singh, on his appointment, highlighted his commitment to leveraging Aavas’s strong foundation to drive sustainable growth and customer service excellence.

Aavas will continue to provide updates as required by law and its disclosure practices.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank confirms Rs 12.375 crore interest payment on bonds

Yash Agarwal — Mon, 30 Mar 2026 13:45:41 +0000

Kotak Mahindra Bank has confirmed the payment of interest amounting to ₹12.375 crore on its 8.25% Senior Unsecured Redeemable Long Term Bonds. The interest payment was made on 30th March 2026, as scheduled.

The bonds, which are non-convertible debentures, have a face value of ₹10 lakh each. The payment was made to eligible bondholders in accordance with the Securities and Exchange Board of India (SEBI) regulations. The bank adhered to the Business Day Convention, as stipulated by SEBI’s guidelines on the issue and listing of non-convertible securities.

The interest payment was due on 30th March 2026, and Kotak Mahindra Bank ensured that the payment was executed on the same date. The interest payment record date was set as 13th March 2026.

Kotak Mahindra Bank has made the necessary disclosures on its website, complying with the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The bank has requested that this information be recorded and disseminated to all concerned parties.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank addresses alleged Rs 160-crore FD fraud

Kinjal — Fri, 27 Mar 2026 13:48:13 +0000

Kotak Mahindra Bank has responded to recent allegations of a Rs 160-crore fixed deposit fraud linked to the Panchkula Municipal Corporation. The bank clarified that there is no material impact in terms of the provisions of Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The bank is currently examining the matter following instructions from the Municipal Corporation of Panchkula. Kotak Mahindra Bank has assured that it is fully cooperating with the Municipal Corporation, government authorities, and law enforcement agencies during the investigation process.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank proposes appointment of Ramesh G. Iyer as independent director

Business Desk — Wed, 25 Mar 2026 12:36:51 +0000

Kotak Mahindra Bank has announced a postal ballot to seek shareholder approval for the appointment of Mr. Ramesh G. Iyer as a Director and an Independent Director. The bank’s Board of Directors appointed Mr. Iyer as an Additional Director effective from 17th February 2026.

The postal ballot notice, dated 25th March 2026, outlines the proposal to appoint Mr. Iyer for a four-year term as an Independent Director, ending on 16th February 2030. The notice has been dispatched electronically to shareholders whose email addresses are registered with the bank or depositories as of 20th March 2026.

Kotak Mahindra Bank has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting for the postal ballot. Shareholders can cast their votes from 26th March 2026, starting at 9:00 a.m. IST, until 24th April 2026, ending at 5:00 p.m. IST. Only those holding equity shares as of the cut-off date, 20th March 2026, are eligible to participate in the e-voting process.

The results of the postal ballot will be announced on or before 28th April 2026. The outcome, along with the scrutiniser’s report, will be available on the bank’s website and NSDL’s platform, and shared with stock exchanges where the bank’s shares are listed.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank completes stake sale in Infina Finance

Business Desk — Tue, 24 Mar 2026 15:39:08 +0000

Kotak Mahindra Bank has announced the completion of the sale of its stake in Infina Finance Private Limited. The transaction was executed by Kotak Mahindra Capital Company Limited, a wholly-owned subsidiary of the bank, and was finalised on 24 March 2026. As a result, Infina Finance has ceased to be an associate company of Kotak Mahindra Bank. This development follows the bank’s earlier disclosure made on 21 March 2026. The bank has requested the stock exchanges to take note of this update and ensure its dissemination on their platforms. Additionally, the information has been made available on the bank’s official website for investor relations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank to integrate Kotak Mahindra Investments’ operations from April 2026

Yash Agarwal — Tue, 24 Mar 2026 15:32:21 +0000

Kotak Mahindra Bank has announced a strategic move to integrate the business activities of its wholly-owned subsidiary, Kotak Mahindra Investments Limited (KMIL), within the bank’s operations. This decision, aimed at simplifying the group structure and enhancing operational synergies, will take effect from 1 April 2026.

The decision was approved by the Board of Directors of KMIL during a meeting held on 24 March 2026. As part of this integration, KMIL will cease sanctioning new loans from 1 April 2026. However, it will continue to service its existing facilities and honour obligations under facility agreements executed on or before 31 March 2026.

The integration aligns with the Reserve Bank of India’s (RBI) directions for commercial banks undertaking financial services. This move is expected to facilitate compliance with RBI’s guidelines and is in the interest of group simplification.

For the financial year 2024-25, KMIL reported a net total income of ₹795 crore and a profit after tax of ₹501 crore, representing approximately 1.0% and 2.3% of the consolidated net total income and profit after tax of Kotak Mahindra Bank, respectively. KMIL’s net worth as of 31 March 2025 stood at ₹3,842 crore, around 2.4% of the bank’s consolidated net worth. The impact of this integration on the bank’s consolidated turnover, profit after tax, and net worth is not considered material.

Kotak Mahindra Bank has made this information available on its website for investors and stakeholders.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank says subsidiary KMIL will stop loan sanctioning from April 1

Yash Agarwal — Tue, 24 Mar 2026 15:26:03 +0000

Kotak Mahindra Bank has announced that it will integrate the business activities of its wholly-owned subsidiary, Kotak Mahindra Investments Limited (KMIL), into the bank’s operations starting from 1 April 2026. This strategic move aims to simplify the group’s structure and enhance operational synergies.

During a board meeting held on 24 March 2026, KMIL’s directors unanimously approved the decision to cease sanctioning new loans beginning 1 April 2026. However, KMIL will continue to service its existing facilities and honour obligations under agreements executed on or before 31 March 2026.

The decision aligns with the Reserve Bank of India’s (RBI) Directions on Commercial Banks Undertaking Financial Services, which require proper rationale for business segmentation within a bank group. Kotak Mahindra Bank‘s integration of KMIL’s operations is intended to comply with these provisions and streamline its organisational structure.

For the financial year 2024-25, KMIL reported a net total income of ₹795 crore and a profit after tax of ₹501 crore, representing approximately 1.0% and 2.3% of the consolidated figures for Kotak Mahindra Bank, respectively. As of 31 March 2025, KMIL’s net worth stood at ₹3,842 crore, accounting for about 2.4% of the bank’s consolidated net worth. The bank stated that the impact of this integration on its consolidated turnover, profit after tax, and net worth is not material.

This integration reflects Kotak Mahindra Bank’s commitment to enhancing efficiency and achieving greater operational synergy across its business segments.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank allots 7,945 equity shares under ESOP scheme

Yash Agarwal — Mon, 23 Mar 2026 15:26:25 +0000

Kotak Mahindra Bank has announced the allotment of 7,945 equity shares, each valued at Re. 1, as part of its Employee Stock Options Scheme 2015. The allotment was approved by the bank’s Large Expenditure and Share Transfer and Other Matters Committee on 23 March 2026.

The shares were distributed across two tranches under the ESOP Scheme Series 2015/39. The third tranche accounted for 5,525 shares, while the fourth tranche comprised 2,420 shares, bringing the total to 7,945 equity shares.

This move is part of Kotak Mahindra Bank‘s ongoing initiative to reward and retain its employees through stock options, aligning their interests with the long-term goals of the bank. The bank has requested that this information be recorded and made available on the NSE website.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Solar Industries India confirms Rs 100 crore commercial paper payment

Yash Agarwal — Mon, 23 Mar 2026 12:21:41 +0000

Solar Industries India has confirmed the fulfilment of its payment obligation for a commercial paper issued in December 2025. The company successfully redeemed the commercial paper amounting to ₹100 crore on its maturity date, March 23, 2026.

The commercial paper, with ISIN INE343H14212, was issued in favour of Kotak Mahindra Bank Limited. The company had previously informed stakeholders about this issuance on December 23, 2025. The payment was made in full on the due date, ensuring compliance with the terms of the commercial paper and the regulations set by the Securities and Exchange Board of India (SEBI).

This transaction aligns with the regulatory requirements under Regulation 30 and 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Solar Industries India has maintained its commitment to financial obligations, reinforcing its credibility in the financial markets.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank updates list of key managerial personnel for materiality disclosures

Business Desk — Sat, 21 Mar 2026 15:56:45 +0000

Kotak Mahindra Bank has released an updated list of its Key Managerial Personnel (KMP) responsible for determining the materiality of events or information and making necessary disclosures to stock exchanges. This update is in compliance with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The updated list includes Mr. Ashok Vaswani, Managing Director & CEO, Mr. Jaideep Hansraj, Whole-time Director, Mr. Paritosh Kashyap, Whole-time Director, Mr. Anup Kumar Saha, Whole-time Director, Mr. Devang Gheewalla, Group Chief Financial Officer, and Ms. Avan Doomasia, Company Secretary. For determining the materiality of events or information, any two of these personnel are authorised to act jointly.

This list has been made available on the bank’s official website under the investor relations section, ensuring transparency and accessibility for stakeholders.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank to sell Rs 1,293 crore stake in Infina Finance

Yash Agarwal — Sat, 21 Mar 2026 15:50:17 +0000

Kotak Mahindra Bank, through its wholly-owned subsidiary Kotak Mahindra Capital Company Limited (KMCC), has announced the sale of a significant portion of its stake in Infina Finance Private Limited. The transaction, valued at approximately ₹1,293.91 crore, involves the divestment of shares to multiple buyers.

KMCC has entered into definitive agreements to transfer a total of 6,82,090 equity shares of Infina, representing a combined 30.99% of the company’s share capital. The sale is structured in three parts: 2,17,899 equity shares (9.90%) will be sold to Derive Trading and Resorts Private Limited and Bright Star Investments Private Limited for ₹413.35 crore; 2,66,321 equity shares (12.10%) will be transferred to the Estate of Shri Rakesh Jhunjhunwala through its Trusts for ₹505.21 crore; and 1,97,870 equity shares (8.99%) will be sold to KF Trust for ₹375.36 crore.

The agreements were signed on 21 March 2026, with the transactions expected to be completed by 31 March 2026. Upon completion, Infina will cease to be an associate company of Kotak Mahindra Bank, with KMCC’s stake reducing to 19%.

The buyers involved in these transactions do not belong to the promoter or promoter group of Kotak Mahindra Bank, except for KF Trust, which is associated with the promoter group but does not hold any shares in the bank itself. The transactions with Derive Trading and Resorts Private Limited, Bright Star Investments Private Limited, and the Jhunjhunwala Trusts do not constitute related party transactions.

The sale is part of Kotak Mahindra Bank’s strategic move to realign its investments and focus on core banking activities. Infina Finance, for the financial year ending 31 March 2025, reported a turnover of ₹532.66 crore, contributing 0.50% to the bank’s consolidated total income, and a net worth of ₹2,727.99 crore, representing 1.73% of the bank’s consolidated total net worth.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank updates list of key managerial personnel for regulatory compliance

Yash Agarwal — Sat, 21 Mar 2026 15:35:19 +0000

Kotak Mahindra Bank has released an updated list of its Key Managerial Personnel (KMP) in compliance with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This update is crucial for determining the materiality of events or information and for making necessary disclosures to stock exchanges.

The updated list includes Mr. Ashok Vaswani, who serves as the Managing Director and CEO. The list also features Mr. Jaideep Hansraj, Mr. Paritosh Kashyap, and Mr. Anup Kumar Saha, all of whom are designated as Whole-time Directors. Additionally, Mr. Devang Gheewalla holds the position of Group Chief Financial Officer, while Ms. Avan Doomasia is the Company Secretary.

The bank has clarified that any two of these aforementioned Key Managerial Personnel, acting jointly, are authorised to determine the materiality of events or information. This protocol ensures that the bank adheres to regulatory requirements and maintains transparency with its stakeholders.

This disclosure is also accessible on Kotak Mahindra Bank‘s official website, reinforcing the bank’s commitment to governance and regulatory compliance.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank confirms Rs 23.55 crore interest payment to bondholders

Kinjal — Fri, 20 Mar 2026 11:13:41 +0000

Kotak Mahindra Bank has confirmed the payment of ₹23.55 crore in interest to its bondholders. The payment was made on March 20, 2026, as scheduled, for the 7.85% Senior Rated Listed Unsecured Redeemable Long Term Bonds, which are in the nature of Non-Convertible Debentures.

The bonds, each valued at ₹1 lakh, are identified by the ISIN INE237A08965. The interest payment was due on March 20, 2026, and the bank adhered to the timeline, ensuring timely disbursement to the eligible bondholders.

The issue size of these bonds stands at ₹300 crore, with the interest being paid annually. The previous interest payment was made on March 20, 2025, maintaining a consistent annual payment schedule.

Kotak Mahindra Bank has publicly shared this information on its website in compliance with the Securities and Exchange Board of India’s (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. This disclosure is part of the bank’s commitment to transparency and regulatory compliance.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kotak Mahindra Bank announces investor meeting in Mumbai on March 23

Business Desk — Tue, 17 Mar 2026 15:58:03 +0000

Kotak Mahindra Bank has scheduled an analyst and institutional investor meeting in Mumbai on March 23, 2026, according to a regulatory filing submitted to the National Stock Exchange of India.

The bank announced the meeting pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The gathering will bring together representatives of the financial institution with a group of investors for discussions.

The intimation was filed with both BSE Limited and the National Stock Exchange of India Limited. The bank’s shares trade on the NSE under the symbols KOTAKBANK, KMBL, KMB26, KMB29, and KMB30, along with multiple ticker codes on the BSE.

Kotak Mahindra Bank, registered with the Corporate Identification Number L65110MH1985PLC038137, maintains its registered office at 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051, Maharashtra, India.

The filing was executed by Avan Doomasia, Company Secretary of Kotak Mahindra Bank, on March 17, 2026. The formal intimation reflects the bank’s compliance with SEBI disclosure requirements for investor engagement activities.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Morepen Laboratories repays Rs 99 crore credit facility to Kotak Mahindra Bank

Business Desk — Wed, 11 Mar 2026 12:10:10 +0000

Morepen Laboratories has fully repaid a credit facility totalling ₹99 crore to Kotak Mahindra Bank as of 2 March 2026.

The credit facility included a working capital demand loan of ₹79 crore and a cash credit limit of ₹20 crore. The bank is in the process of issuing a No Dues Certificate and releasing the assets that were charged as security. This repayment marks the closure of the financial arrangement initially intimated on 18 December 2024.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Business Desk and reviewed by News Desk before publication.

Top gainers among Nifty 50 stocks in midday trades today, Feb 23: Adani Ports, Kotak Mahindra Bank, HDFC Life, Power Grid and more

Aman Shukla — Mon, 23 Feb 2026 06:38:45 +0000

Indian equity benchmarks traded higher in midday deals on February 23, with frontline indices holding steady gains. As of 12 PM IST, the Nifty was at 25,667.15, up 95.90 points or 0.38%. The Sensex stood at 83,175.03, gaining 360.32 points or 0.44%. Bank Nifty traded at 61,194.05, up 22.05 points or 0.04%, while Midcap Nifty was at 13,478.00, higher by 2.00 points or 0.01%.

Among Nifty 50 constituents, the following stocks emerged as the top gainers in midday trade.

Adani Ports & Special Economic Zone

Adani Ports & Special Economic Zone was the top performer among Nifty stocks, trading at ₹1,546.9, up 2.3% at midday.

Kotak Mahindra Bank

Kotak Mahindra Bank gained 2.2% to trade at ₹430.5.

HDFC Life Insurance

HDFC Life Insurance rose 2.0%, quoting at ₹743.5.

Power Grid Corporation of India

Power Grid Corporation of India advanced 1.4% to ₹303.2.

SBI Life Insurance Company

SBI Life Insurance Company was up 1.4%, trading at ₹2,109.1.

Tata Consumer Products

Tata Consumer Products climbed 1.4% to ₹1,172.3.

Axis Bank

Axis Bank gained 1.4%, trading at ₹1,387.0.

Eicher Motors

Eicher Motors added 1.2% to ₹8,031.5.

HDFC Bank

HDFC Bank rose 1.1%, quoting at ₹922.3.

Dr. Reddy’s Laboratories

Dr. Reddy’s Laboratories was up 1.0% at ₹1,293.7.

The gains were spread across banking, insurance, infrastructure, FMCG and pharmaceutical stocks, helping benchmark indices maintain positive momentum in midday trade.

Kotak Mahindra Bank out of IDBI Bank race as bank says ‘have not submitted’ financial bid for IDBI Bank

Aman Shukla — Sat, 07 Feb 2026 06:01:30 +0000

Kotak Mahindra Bank has recently clarified that it has not submitted any financial bid for IDBI Bank Limited as part of the ongoing disinvestment process. The clarification was issued in response to reports published in the media, including an article in The Economic Times, which suggested that the bank was among the bidders for the IDBI Bank stake sale.

In a regulatory filing under Regulation 30(11) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kotak Mahindra Bank stated that it observed material movement in its share price on February 6, 2026. The bank said the clarification was being made to address market speculation arising from these reports.

The bank explicitly stated that it has not submitted a financial bid in the disinvestment process relating to IDBI Bank Limited. It also added that it will continue to make disclosures as required under Regulation 30 of the SEBI Listing Regulations.

Kotak Mahindra Bank said the disclosure was made in compliance with regulatory obligations and to ensure transparency in the market. The filing did not provide any further details regarding its evaluation or interest in the IDBI Bank stake sale.

The disinvestment of IDBI Bank has been under discussion in the market, with various media reports speculating on potential bidders. However, the latest clarification confirms that Kotak Mahindra Bank is not part of the financial bidding process at this stage.

Nifty 50 top gainers today, Feb 6: ITC, Kotak Mahindra Bank, Hindustan Unilever, Bajaj Finance and more

Aman Shukla — Fri, 06 Feb 2026 10:10:34 +0000

Indian equity benchmarks closed higher in a volatile session on February 6, with buying interest seen in select heavyweight stocks. The Sensex ended up 266.47 points (0.32%) at 83,580.40, while the Nifty 50 gained 50.90 points (0.20%) to settle at 25,693.70, staying close to the 25,700 mark.

Among individual stocks, ITC emerged as the top gainer of the session, closing 5.2% higher at ₹326.4, supported by strong intraday buying. Kotak Mahindra Bank followed with a 3.3% rise, ending the day at ₹422.4, contributing meaningfully to index gains.

Consumer-focused heavyweight Hindustan Unilever closed 2.8% higher at ₹2,421, while Bajaj Finance advanced 1.8% to finish at ₹982. Telecom major Bharti Airtel gained 1.5%, settling at ₹2,023, adding to the positive tone in the market.

In the utilities space, Power Grid Corporation ended 1.2% higher at ₹292.8. Titan rose 1.1% to ₹4,140.8, while Bajaj Finserv closed up 1.0% at ₹2,020.8.

Financial stocks also saw selective buying, with Shriram Finance ending 0.9% higher at ₹1,001, and Axis Bank closing 0.9% up at ₹1,341.9.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Top gainers among Nifty 50 stocks in midday trades today, Feb 6: ITC, Kotak Mahindra Bank, Bajaj Finance, Bharti Airtel and more

Aman Shukla — Fri, 06 Feb 2026 06:38:08 +0000

Indian equity benchmarks were largely rangebound at midday on February 6, with marginal cuts in the Nifty 50 and Bank Nifty, even as select heavyweight stocks provided support. Against this muted broader-market backdrop, a handful of Nifty 50 constituents traded higher and emerged as the top gainers by percentage at noon.

ITC was the top gainer among Nifty 50 stocks in midday trade, up 5.2% at ₹326.2. The stock remained in positive territory while the benchmark index showed marginal movement.

Kotak Mahindra Bank traded 3.8% higher at ₹424.1. The stock advanced even as the Bank Nifty index stayed under pressure during the session.

Bajaj Finance was up 2.1% at ₹985.4 in midday trade. The stock moved higher in an otherwise mixed financials space.

Telecom stock Bharti Airtel rose 1.8% to ₹2,028.3, contributing to the limited gains seen in the frontline index.

Hindustan Unilever traded 1.2% higher at ₹2,383.5, in line with selective buying interest in FMCG stocks.

Banking major Axis Bank gained 0.8% to ₹1,341.4 during midday deals, even as overall banking stocks showed mixed performance.

Power Grid Corporation was also up 0.8%, trading at ₹291.7 in the first half of the session.

Consumer discretionary stock Titan Company traded 0.8% higher at ₹4,128.9 at midday.

Metal stock Hindalco Industries edged up 0.5% to ₹940.2, while the broader metals space remained mixed.

Rounding out the list, Bajaj Finserv traded 0.3% higher at ₹2,006.9 during midday trade.

Overall, gains in these Nifty 50 stocks were seen amid a cautious market environment, with benchmark indices showing marginal changes and sectoral trends remaining mixed through the first half of the trading session on February 6.

Nifty 50 top losers today, January 27: Mahindra, Kotak Mahindra Bank, Asian Paints, Eternal, Bajaj Finserv and more

Aman Shukla — Tue, 27 Jan 2026 10:18:07 +0000

Indian equity benchmarks ended the January 27 session on a positive note, but the broader gains masked visible pressure in several frontline stocks. While the Nifty closed above the 25,150 mark and the Sensex added nearly 0.4%, a set of heavyweight constituents finished the day as the top losers on the Nifty 50. Here are the losers from the Nifty 50 index (as per Trendline).

Mahindra & Mahindra recorded the steepest fall among Nifty 50 stocks, closing 4.2% lower. The stock ended the session at ₹3,393.5 after a decline of ₹149.9.

Kotak Mahindra Bank closed 3.3% lower at ₹408.7, losing ₹14.1 during the session.

Shares of Asian Paints declined 3.0%, settling at ₹2,622.8, down ₹80.9 from the previous close.

Eternal ended the day 1.9% lower at ₹253.9, registering a decline of ₹4.85.

Financial services firm Bajaj Finserv closed at ₹1,917.7, down 1.6% or ₹31.3.

Healthcare stock Max Healthcare also slipped 1.6%, ending the session at ₹975.5 after a fall of ₹15.9.

IT major Wipro closed 1.5% lower at ₹234.8, declining ₹3.6 during the session.

FMCG heavyweight ITC ended the day at ₹318.7, down 1.5% or ₹4.75.

Auto major Maruti Suzuki settled at ₹15,245, declining 1.5% after losing ₹224.

NBFC stock Bajaj Finance closed 1.4% lower at ₹914.7, down ₹13.15.

Top losers among Nifty 50 stocks in midday trade on Jan 27: Mahindra, Kotak Mahindra Bank, Wipro and more

Aman Shukla — Tue, 27 Jan 2026 07:27:44 +0000

Indian equity benchmarks traded nearly flat around midday on Jan 27, with selling pressure visible across several heavyweight Nifty 50 stocks. As of 12:51 PM IST, the Nifty hovered near 25,064, while selective stocks saw sharp declines, weighing on overall sentiment.

Nifty 50 Top Losers In Midday Trade

Mahindra & Mahindra declined 4.1%, emerging as the top loser among Nifty 50 stocks in midday trade.
Kotak Mahindra Bank traded lower by 3.0%, remaining under selling pressure.
Wipro slipped 2.2% during midday deals.
Eternal fell 2.2%, staying among the notable laggards.
Max Healthcare Institute was down 2.1% in the noon session.
Maruti Suzuki India declined 1.8%, adding pressure to auto stocks.
Bajaj Finance traded 1.2% lower at midday.
Asian Paints slipped 1.1% during intraday trade.
Tata Motors Passenger Vehicles was down 1.0% around noon.
Hindustan Unilever edged lower by 1.0% in midday trading.

Top Q3 results today, January 24: Kotak Mahindra Bank, UltraTech Cement, Chennai Petroleum, JTL Industries and more to announce earnings

Aman Shukla — Sat, 24 Jan 2026 04:11:07 +0000

A total of 20 listed companies are scheduled to announce their Q3FY26 financial results on Saturday, January 24, 2026. The results will cover the October–December period, representing the third quarter of the financial year 2025–26. These disclosures will provide data on revenue, profit, margins and other reported financial parameters for the quarter.

The companies announcing results today operate across multiple sectors, including banking, financial services, cement, metals, energy, manufacturing and infrastructure. The announcements form part of the ongoing earnings season and will be tracked for quarter-on-quarter and year-on-year performance trends.

Among the companies declaring results today are Chennai Petroleum Corporation Ltd, Kotak Mahindra Bank Ltd, UltraTech Cement Ltd, Shyam Metalics & Energy Ltd and SBFC Finance Ltd.

Other companies scheduled to announce their Q3FY26 results include IFB Industries Ltd, Vakrangee Ltd, Nilachal Refractories Ltd, 20 Microns Ltd, Bansal Roofing Products Ltd and Advik Capital Ltd.

The list also includes Arcee Industries Ltd, Bridge Securities Ltd, Colinz Laboratories Ltd, Mardia Samyoung Capillary Tubes Company Ltd, Marg Ltd, Sai Industries Ltd, Swadha Nature Ltd, Sacheta Metals Ltd and JTL Industries Ltd.

Nifty 50 top gainers today, January 19: INDIGO, Tech Mahindra, Hindustan Unilever, Kotak Mahindra Bank and more

Aman Shukla — Mon, 19 Jan 2026 10:13:07 +0000

Indian equity benchmarks ended lower on January 19, with selling pressure keeping the Nifty below the 25,600 mark by the close. The Sensex declined 324.17 points or 0.39% to settle at 83,246.18, while the Nifty fell 108.85 points or 0.42% to close at 25,585.50. Despite the broader weakness, select stocks from the Nifty 50 index managed to close in positive territory, emerging as the top gainers of the session.

Here are the top gainers from the Nifty 50 index (as per Trendline).

Nifty 50 Top Gainers

InterGlobe Aviation closed at ₹4,937, up 4.20%.
Tech Mahindra settled at ₹1,710.40, gaining 2.40%.
Hindustan Unilever ended at ₹2,414.40, up 2.30%.
Kotak Mahindra Bank closed at ₹427.50, higher by 2.20%.
Maruti Suzuki India finished at ₹16,182, up 2.00%.
Bajaj Finance ended the day at ₹968, gaining 1.90%.
Shriram Finance closed at ₹1,008.10, up 1.30%.
ITC settled at ₹332.80, higher by 1.10%.
Trent closed at ₹3,942, up 1.10%.
Axis Bank ended at ₹1,306.80, gaining 1.00%.

Top Q3 results next week: Hindustan Zinc, BHEL, Kotak Mahindra Bank, Eternal, PNB Housing and more to announce earnings

Aman Shukla — Sun, 18 Jan 2026 09:10:37 +0000

More than 100 listed companies, including select Nifty 50 constituents such as Kotak Mahindra Bank, Eternal and UltraTech Cement, will release their financial results for the quarter ended December 2025 during the week of January 19–24, 2026.

The reporting schedule spans multiple sectors including banking, infrastructure, IT services, FMCG, energy, pharmaceuticals, real estate, and specialty chemicals. Here is the day-by-day breakdown of prominent names scheduled to declare results:

19 January 2026 (Monday)

Aarti Surfactants, Atlanta Electricals, Bansal Wires, BHEL, CEAT, Hatsun Agro, Havells India, Hindustan Zinc, IRFC, Sai Silks (Kalamandir), LTIMindtree, Oberoi Realty, Punjab National Bank, Tata Capital, Tips Music

20 January 2026 (Tuesday)

AU Small Finance Bank, Canara Robeco AMC, CreditAccess Grameen, Cyient DLM, DCM Shriram, Epack Durables, Gujarat Gas, IndiaMART InterMESH, ITC Hotels, Jammu & Kashmir Bank, Mastek, Newgen Software, Persistent Systems, Rallis India, Senores Pharmaceuticals, Shoppers Stop, SRF, Tribhovandas Bhimji Zaveri (TBZ), Tata Teleservices (Maharashtra), United Spirits, Vikram Solar

21 January 2026 (Wednesday)

Anant Raj, Bajaj Consumer Care, Bank of India, Canara HSBC Life Insurance, Chembond Specialty Chemicals, Dalmia Bharat, Dhanlaxmi Bank, Dr. Reddy’s Laboratories, EPack Prefab, Eternal, Goa Carbon, Gravita India, Hindustan Petroleum Corporation (HPCL), Jindal Stainless, KEI Industries, KPI Green Energy, Muthoot Capital Services, Oracle Financial Services Software, PNB Housing Finance, Rajratan Global Wire, Refex Industries, Sagar Cements, Supreme Industries, Tata Communications, Tatva Chintan Pharma Chem, Thangamayil Jewellery, UTI Asset Management Company

22 January 2026 (Thursday)

Aditya Birla Sun Life AMC, Adani Energy Solutions, APL Apollo Tubes, Adani Total Gas, Bandhan Bank, Bluestone Jewellery & Lifestyle, Computer Age Management Services (CAMS), Cigniti Technologies, Coforge, Cyient, DLF, Go Digit General Insurance, Gujarat State Petronet (GSPL), Home First Finance Company, ideaForge Technology, IIFL Finance, Indian Bank, InterGlobe Aviation, Krystal Integrated Services, Mphasis, Orient Electric, Premier Energies, Radico Khaitan, Steel Strips Wheels, Suryoday Small Finance Bank, Syngene International, Tanla Platforms, TTK Healthcare, Ujjivan Small Finance Bank, V-Mart Retail, Zee Entertainment Enterprises, Zensar Technologies

23 January 2026 (Friday)

Adani Green Energy, Atul, BEML Land Assets, Bharat Petroleum Corporation (BPCL), Cipla, DCB Bank, Gandhar Oil Refinery, Godrej Consumer Products (GCPL), Granules India, India Cements, IndusInd Bank, JSW Steel, Innova Captab Laboratories, Kirloskar Pneumatic Company, Laurus Labs, Multi Commodity Exchange (MCX), Nuvama Wealth Management, Piramal Finance, Shriram Finance, Sona BLW Precision Forgings, Stylam Industries, Urban Company

24 January 2026 (Saturday)

Kotak Mahindra Bank, UltraTech Cement, SBFC Finance, IFB Industries

Disclaimer: This article is for informational purposes only. It is not intended to be investment advice or a recommendation to buy or sell any stock. Readers are advised to consult their financial advisor before making any investment decisions.

Kotak Mahindra Bank board to consider Q3 FY26 results on January 24, 2026

Aman Shukla — Tue, 13 Jan 2026 06:58:33 +0000

Kotak Mahindra Bank has informed the stock exchanges that its Board of Directors will meet over two days, Friday, January 23, 2026 and Saturday, January 24, 2026, in compliance with Regulation 29(1) and Regulation 50(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The key business matters are scheduled to be considered on Saturday, January 24, 2026.

During the meeting, the Board will consider and approve the standalone and consolidated unaudited financial results of the Bank for the quarter and nine months ended December 31, 2025. The results will be accompanied by the limited review report issued by the Joint Statutory Auditors. These Q3 FY26 financial results are expected to provide insights into the Bank’s performance across lending, deposits, asset quality, margins, and overall profitability amid evolving macroeconomic conditions.

In addition to the financial results, the Board will also deliberate on an enabling resolution to raise funds through the issuance of unsecured, redeemable, non-convertible debentures (NCDs). The proposed fund-raising will be undertaken on a private placement basis in one or more tranches or series during FY 2026–27, subject to shareholder approval and other regulatory clearances.

Kotak Bank appoints former Bajaj Finance MD Anup Kumar Saha as Whole-time Director

Aman Shukla — Mon, 12 Jan 2026 03:31:16 +0000

Kotak Mahindra Bank has announced a key leadership appointment, strengthening its senior management team. At its Board meeting held on January 12, 2026, the Bank approved the appointment of Mr. Anup Kumar Saha (DIN: 07640220) as an Additional Director and Whole-time Director (Executive Director), subject to receipt of all necessary regulatory and statutory approvals.

As per the disclosure, Mr. Saha has been appointed for a period of three years, with his tenure as Whole-time Director (Executive Director) becoming effective from the date of approval by the Reserve Bank of India and other applicable authorities. Until such approvals are received, he will function as Whole-time Director (Designate) and Senior Management Personnel of the Bank with effect from January 12, 2026. Once his appointment formally takes effect, Mr. Saha will also be classified as a Key Managerial Personnel of Kotak Mahindra Bank.

The Bank has further confirmed that Mr. Saha is not debarred from holding the office of Director by any order of SEBI or any other regulatory authority, in line with statutory disclosure requirements.

Mr. Anup Kumar Saha brings with him more than 32 years of professional experience, including over 25 years in the financial services sector across banking and non-banking financial institutions. Prior to joining Kotak Mahindra Bank, he was associated with Bajaj Finance from October 2017 to January 2026, where he held a series of senior leadership roles. His journey at Bajaj Finance included positions such as President – Consumer Finance, Deputy CEO overseeing Consumer, MSME, Marketing, Operations, Service and Digital platforms, Executive Director, Deputy Managing Director, and eventually Managing Director & CEO. During his executive leadership at Bajaj Finance, Mr. Saha was responsible for the company’s entire standalone business operations.

Before his tenure at Bajaj Finance, Mr. Saha spent 14 years at ICICI Bank between May 2003 and June 2017. At ICICI Bank, he held several senior roles across Retail Secured Assets, Business Intelligence, Retail and Rural Collections, Credit Cards, and Retail Structured Finance. He also served as a nominee director on the boards of TransUnion CIBIL Limited and ICICI Home Finance Limited, representing ICICI Bank.

Earlier in his career, Mr. Saha worked with GE Capital from 1999 to 2003, focusing on credit cards sales and analytics, and began his professional journey at Bharat Heavy Electricals Limited between 1991 and 1995 in production engineering, following a brief stint in consumer durable sales.

On the academic front, Mr. Saha holds a B.Tech degree in Engineering from IIT Kharagpur and an MBA from IIM Lucknow, credentials that further reinforce his strong foundation in both technical and managerial disciplines.

Kotak Mahindra Bank has also clarified that Mr. Anup Kumar Saha is not related to any of the existing Directors of the Bank.

Nifty 50 top losers today, January 2: ITC, Nestle India, Kotak Mahindra Bank, Shriram Finance, Axis Bank, Bajaj Auto and more

Aman Shukla — Fri, 02 Jan 2026 10:18:31 +0000

Indian equity benchmarks ended the January 2 session on a positive note, supported by buying in select heavyweight stocks. The Nifty closed above the 26,300 level at 26,328.55, registering a gain of 0.70%, while the Sensex rose 0.67% to settle at 85,762.01.

Despite the broader market finishing higher, several heavyweight constituents of the Nifty 50 ended the day in negative territory. Here are the top losers from the Nifty 50 index (as per Trendline).

Top Nifty 50 Losers

ITC closed at ₹350.1, down 3.8%, making it the biggest loser on the Nifty 50 for the session.
Nestle India ended at ₹1,279.7, slipping 1.2% by market close.
Kotak Mahindra Bank settled at ₹2,195.1, down 1.0%.
Shriram Finance finished the day at ₹1,010.4, lower by 0.9%.
Axis Bank closed at ₹1,266.9, declining 0.6%.
Bajaj Auto ended at ₹9,502.5, down 0.6%.
Tata Consumer Products settled at ₹1,170.7, falling 0.5%.
Bharti Airtel closed at ₹2,106.3, lower by 0.2%.
Eicher Motors ended at ₹7,334.5, down 0.2%.
InterGlobe Aviation finished marginally lower at ₹5,106.0, slipping 0.1%.

Nifty 50 top losers today, December 22: SBI, HDFC Life, Kotak Mahindra Bank, Tata Consumer Products, SBI Life and more

Aman Shukla — Mon, 22 Dec 2025 11:33:41 +0000

Indian equity benchmarks ended the December 22 session on a positive note, with the Nifty closing above the 26,100 level, even as selling pressure was visible in select heavyweight stocks. The Sensex advanced 638.12 points, or 0.77 percent, to settle at 85,567.48, while the Nifty added 206 points, or 0.79 percent, to close at 26,172.40.

Despite the broader market strength, a few index constituents corrected and featured among the top losers on the Nifty 50. Here are the top losers from the Nifty 50 index (as per Trendline).

Top Nifty 50 Losers

State Bank of India closed at ₹974.30, down 0.6%, making it the largest decliner among Nifty 50 stocks for the session.
HDFC Life Insurance ended at ₹761.80, finishing the day 0.6% lower.
Kotak Mahindra Bank settled at ₹2,149.70, registering a 0.5% decline.
Tata Consumer Products closed at ₹1,178.80, down 0.4%.
SBI Life Insurance finished at ₹2,022.30, slipping 0.3%.
Cipla ended the session at ₹1,512.90, lower by 0.3%.
InterGlobe Aviation closed at ₹5,145.50, down 0.2%.
Grasim Industries settled at ₹2,809.70, declining 0.1%.
Bajaj Finance ended at ₹1,007.80, down 0.1%.
Larsen & Toubro closed at ₹4,072.40, nearly unchanged with a 0.0% dip.

Nifty 50 top losers today, December 19: HCL Technologies, Hindalco Industries, JSW Steel, Kotak Mahindra Bank and more

Aman Shukla — Fri, 19 Dec 2025 10:20:27 +0000

Indian equity benchmarks ended Friday’s session on a firm note, but a few heavyweight stocks in the Nifty 50 faced selling pressure and closed lower despite the broader market strength.

The Nifty settled above the 25,900 mark on December 19, while the Sensex also posted gains. However, select stocks corrected during the session and emerged as the top losers on the index. Here are the top losers from the Nifty 50 index (as per Trendline).

Top Nifty 50 Losers

HCL Technologies: Closed at ₹1,642.40, down 1.1%
Hindalco Industries: Closed at ₹852.00, down 0.6%
JSW Steel: Closed at ₹1,079.60, down 0.2%
Kotak Mahindra Bank: Closed at ₹2,159.50, down 0.2%
ICICI Bank: Closed at ₹1,354.10, down 0.2%
Dr. Reddy’s Laboratories: Closed at ₹1,278.20, down 0.1%
Sun Pharmaceutical Industries: Closed at ₹1,745.50, down 0.0%

Nifty 50 top gainers today, December 11: Adani Enterprises, Eternal, Jio Financial Services, Tata Steel, Kotak Mahindra Bank and more

Aman Shukla — Thu, 11 Dec 2025 10:34:03 +0000

Indian equity benchmarks ended today’s session on a strong note, with the Nifty closing at 25,898.55, up 0.55%, and the Sensex finishing at 84,818.13, higher by 0.51%. Buying interest across select heavyweight sectors supported the market’s upward move. Here’s a look at the top gainers from the Nifty 50 based on closing prices.

Top Gainers from the Nifty 50 (December 11)

Adani Enterprises closed at ₹2,277.70, up 3.0%.
Eternal closed at ₹291.00, up 2.7%.
Jio Financial Services closed at ₹298.50, up 2.6%.
Tata Steel closed at ₹166.40, up 2.6%.
Kotak Mahindra Bank closed at ₹2,180.20, up 2.4%.
Grasim Industries closed at ₹2,797.80, up 1.9%.
Dr. Reddy’s Laboratories closed at ₹1,273.50, up 1.8%.
Cipla closed at ₹1,512.30, up 1.4%.
Maruti Suzuki India closed at ₹16,248.00, up 1.4%.
UltraTech Cement closed at ₹11,472.00, up 1.4%.

Kotak Mahindra Bank board approves 1:5 stock split

Aman Shukla — Fri, 21 Nov 2025 09:57:43 +0000

Kotak Mahindra Bank announced a significant corporate action on 21 November 2025, coinciding with its 40th Foundation Day. The Board of Directors has approved a sub-division of the bank’s equity shares in a 1:5 ratio, a move aimed at improving market liquidity and enhancing retail investor participation.

Under the approved structure, one existing equity share with a face value of ₹5 will be split into five equity shares with a face value of ₹1 each. While the number of shares will increase substantially post-split, the total paid-up share capital of the bank will remain unchanged. The decision also includes an amendment to the Capital Clause of the bank’s Memorandum of Association to reflect the revised share structure.

Before the split, Kotak Mahindra Bank’s authorised equity share capital stood at 280 crore shares of ₹5 each, aggregating to ₹1,400 crore. After the split, the authorised capital will comprise 1,400 crore shares with a face value of ₹1 each, while maintaining the same total capital. The issued, subscribed, and paid-up capital will also remain constant at ₹994.37 crore, distributed across a larger number of equity shares. The final count may vary depending on the exercise of employee stock options.

The bank stated that the rationale behind the stock split is to make its equity shares more affordable and improve liquidity on the exchanges, thereby increasing participation from retail and individual investors. The move is expected to support broader market access and enhance the stock’s tradability.

Nifty 50 top losers today, October 27: Kotak Mahindra Bank, Bharat Electronics, Infosys, Bajaj Finance and more

Aman Shukla — Mon, 27 Oct 2025 10:13:59 +0000

Indian equity markets ended on a firm note on October 27, with both benchmark indices posting healthy gains. The Sensex climbed 566.96 points, or 0.67%, to close at 84,778.84, while the Nifty rose 170.9 points, or 0.66%, to end at 25,966.05.

However, despite the overall positive sentiment, several frontline stocks witnessed selling pressure and ended in the red. Here are the top Nifty losers of the day (as per Trendlyne data):

Nifty 50 top losers

Kotak Mahindra Bank closed 1.7% lower at ₹2,149.40.
Bharat Electronics fell 1.6% to ₹415.30.
Infosys declined 1.3% to ₹1,504.90.
Bajaj Finance slipped 0.7% to ₹1,082.60.
Adani Enterprises dropped 0.6% to ₹2,490.00.
Oil and Natural Gas Corporation (ONGC) ended 0.5% lower at ₹253.60.
Adani Ports and Special Economic Zone fell 0.5% to ₹1,421.70.
Mahindra & Mahindra declined 0.3% to ₹3,616.00.
Sun Pharmaceutical Industries was down 0.2% at ₹1,694.90.
Nestle India ended 0.2% lower at ₹1,280.00.

Nifty 50 top losers today, October 24: Cipla, Hindustan Unilever, Max Healthcare, UltraTech, Kotak Mahindra Bank, UltraTech Cement and more

Aman Shukla — Fri, 24 Oct 2025 10:20:37 +0000

Indian equity markets ended in the red on October 24, with both benchmark indices slipping into negative territory. The Sensex dropped 344.52 points, or 0.41 percent, to close at 84,211.88, while the Nifty declined 96.25 points, or 0.37 percent, to settle at 25,795.15. Several frontline stocks witnessed notable declines during the session. Here’s a look at Nifty top losers (According to Trendline).

Nifty 50 top losers

Cipla – down 3.7%, closed at ₹1,584.4
Hindustan Unilever – down 3.3%, closed at ₹2,516.4
Max Healthcare – down 2.2%, closed at ₹1,184.1
UltraTech Cement – down 1.9%, closed at ₹11,918.0
Kotak Mahindra Bank – down 1.7%, closed at ₹2,187.0
Adani Ports – down 1.7%, closed at ₹1,429.0
Apollo Hospitals – down 1.6%, closed at ₹7,837.5
Adani Enterprises – down 1.6%, closed at ₹2,504.2
Titan Company – down 1.5%, closed at ₹3,714.9
HDFC Bank – down 1.4%, closed at ₹994.8

Kotak Mahindra Bank Q2 Business Update: Total deposits jump 14.6% YoY to Rs 5.29 lakh crore, net advances up 15.8%

Aman Shukla — Sat, 04 Oct 2025 07:40:52 +0000

Kotak Mahindra Bank has reported a robust performance for the quarter ended September 30, 2025, showcasing strong growth across key banking metrics. According to the provisional figures, net advances and deposits witnessed significant year-on-year (YoY) and quarter-on-quarter (QoQ) increases, reflecting the bank’s stable credit and deposit expansion.

Net Advances Growth
The bank’s net advances reached ₹4,62,552 crores at the end of September 2025, up 15.8% compared to ₹3,99,522 crores in the same period last year. On a quarterly basis, net advances grew 4% from ₹4,44,823 crores at the end of June 2025. The average net advances for the quarter stood at ₹4,47,809 crores, marking a 14.6% increase YoY and 4% QoQ.

CASA Deposits Performance
CASA balances also saw healthy growth. The period-end CASA was ₹2,23,791 crores, up 11.2% YoY from ₹2,01,275 crores, and a 6.7% increase from ₹2,09,645 crores in the previous quarter. On an average basis, CASA for Q2 was ₹1,98,250 crores, reflecting a 6.2% rise from last year and 3.3% from the previous quarter.

Total Deposits Expansion
Kotak Mahindra Bank’s total deposits rose to ₹5,28,776 crores at the end of September, up 14.6% from ₹4,61,454 crores a year ago, and a 3.1% increase from June 2025. The average total deposits during the quarter were ₹5,10,138 crores, growing 14.4% YoY and 3.7% QoQ.

Nifty top gainers this week (ending October 3): Shriram Finance, Tata Motors, Kotak Mahindra Bank, Hindalco Industries and more

Aman Shukla — Sat, 04 Oct 2025 03:38:53 +0000

The Indian equity market ended the first week of October on a firm note, with benchmark indices registering steady gains as broad-based buying supported sentiment. The NSE Nifty 50 closed at 24,894, up 58 points or 0.2%, while the S&P BSE Sensex advanced 224 points or 0.3% to finish at 81,207. On a weekly basis, both indices gained nearly 1%, marking a positive start to the new month.

Among Nifty 50 constituents, several stocks stood out with notable weekly gains. Here are the top Nifty 50 gainers (as per Trendline) for the week:

Top Nifty Gainers for the Week

Shriram Finance – Closed at ₹645.8, up 6.6% for the week.
Tata Motors – Closed at ₹716.1, gained 6.4% for the week.
Kotak Mahindra Bank – Ended at ₹2,100.5, up 5.3% for the week.
Hindalco Industries – Closed at ₹780.4, gained 4.9% for the week.
Bharat Electronics – Ended at ₹412.7, up 4.2% for the week.
Titan Company – Settled at ₹3,453.3, higher by 3.8% for the week.
Tata Steel – Closed at ₹173.2, gained 3.5% for the week.
Trent – Ended at ₹4,815.7, up 2.9% for the week.
Sun Pharmaceutical Industries – Closed at ₹1,631.2, up 2.8% for the week.
JSW Steel – Ended at ₹1,161.7, up 2.7% for the week.

Nifty top gainers today, October 3: Tata Steel, Power Grid, Kotak Mahindra Bank, Axis Bank and more

Aman Shukla — Fri, 03 Oct 2025 10:09:49 +0000

Indian benchmark indices closed higher on October 3, with the Nifty at 24,900. The Sensex rose 223.86 points, or 0.28 percent, to 81,207.17, while the Nifty gained 57.95 points, or 0.23 percent, to close at 24,894.25. Here are the top gainers from the Nifty 50 index (as per Trendline).

Nifty 50 Top Gainers

Tata Steel – closed at ₹173.3, up 3.5%
Power Grid Corporation – closed at ₹288.7, up 2.9%
Kotak Mahindra Bank – closed at ₹2,108.0, up 2.2%
Axis Bank – closed at ₹1,183.0, up 2.0%
Larsen & Toubro – closed at ₹3,742.9, up 2.0%
Hindalco Industries – closed at ₹780.0, up 1.8%
Bharti Airtel – closed at ₹1,896.9, up 1.6%
Bharat Electronics – closed at ₹412.7, up 1.5%
JSW Steel – closed at ₹1,160.8, up 1.3%
Titan Company – closed at ₹3,450.0, up 1.2%

Nifty top gainers today, October 1: Tata Motors, Shriram Finance, Kotak Mahindra Bank, Trent and more

Aman Shukla — Wed, 01 Oct 2025 10:13:07 +0000

Indian equity indices ended higher on October 1, with Nifty closing around 24,850 following the RBI policy announcement. At the close, the Sensex was up 715.69 points or 0.89 percent at 80,983.31, and the Nifty rose 225.20 points or 0.92 percent to 24,836.30. Here are the top gainers from the Nifty 50 index (as per Trendline).

Nifty 50 Top Gainers

Tata Motors, up 5.6% at ₹718.0
Shriram Finance, up 5.2% at ₹647.9
Kotak Mahindra Bank, up 3.8% at ₹2,067.7
Trent, up 3.5% at ₹4,843.0
Adani Enterprises, up 3.5% at ₹2,594.3
Sun Pharmaceutical, up 2.8% at ₹1,639.0
Axis Bank, up 2.6% at ₹1,161.4
Jio Financial Services, up 2.6% at ₹300.8
Dr. Reddy’s Laboratories, up 2.0% at ₹1,248.2
ICICI Bank, up 1.8% at ₹1,372.0

Nifty top gainers today, September 17: Tata Consumer Products, SBI, Bharat Electronics, Kotak Mahindra Bank and more

Aman Shukla — Wed, 17 Sep 2025 10:10:02 +0000

Indian equity benchmarks ended higher on September 17, with the Nifty closing above the 25,300 mark. At the close, the Sensex gained 313.02 points, or 0.38%, to settle at 82,693.71, while the Nifty advanced 91.15 points, or 0.36%, to finish at 25,330.25.

Here are the top gainers from the Nifty 50 index (as per Trendline) that supported the upmove:

Tata Consumer Products closed at ₹1,136.30, up 4.1%.
State Bank of India closed at ₹856.90, higher by 3.1%.
Bharat Electronics ended at ₹412.20, gaining 2.3%.
Kotak Mahindra Bank settled at ₹2,050.30, up 1.4%.
Maruti Suzuki India closed at ₹15,790.00, higher by 1.4%.
UltraTech Cement ended at ₹12,730.00, advancing 1.2%.
Tech Mahindra closed at ₹1,548.70, up 1.1%.
Trent settled at ₹5,205.00, rising 1.1%.
Coal India ended at ₹399.50, gaining 0.9%.
Tata Consultancy Services closed at ₹3,172.80, up 0.9%.

Nifty top gainers today, September 16: Kotak Mahindra Bank, Larsen & Toubro, Mahindra, Maruti Suzuki India and more

Aman Shukla — Tue, 16 Sep 2025 10:08:05 +0000

Indian equity benchmarks ended higher on September 16, with the Nifty closing above the 25,200 mark. At the close, the Sensex gained 594.95 points, or 0.73%, to settle at 82,380.69, while the Nifty rose 169.90 points, or 0.68%, to finish at 25,239.10.

Here’s a look at Nifty top gainers that drove the day’s action (as per Trendline) for the day:

Nifty 50 Top Gainers on September 16

Kotak Mahindra Bank closed at ₹2,023.5, up 2.7%.
Larsen & Toubro closed at ₹3,670.0, up 2.3%.
Mahindra & Mahindra closed at ₹3,608.0, up 2.2%.
Maruti Suzuki India closed at ₹15,592.0, up 2.1%.
Bharti Airtel closed at ₹1,942.0, up 2.0%.
Eicher Motors closed at ₹6,927.5, up 1.9%.
Tata Steel closed at ₹172.0, up 1.7%.
Grasim Industries closed at ₹2,848.5, up 1.7%.
Axis Bank closed at ₹1,121.4, up 1.5%.
JSW Steel closed at ₹1,115.5, up 1.3%.

Nifty top losers this week (ending August 1): Adani Enterprises, Wipro, Kotak Mahindra Bank, Tata Motors, Tata Steel and more

Aman Shukla — Sat, 02 Aug 2025 03:47:39 +0000

The Indian stock market wrapped up Friday’s session (August 2) on a weak note, with both benchmark indices—BSE Sensex and NSE Nifty 50—sliding nearly 1% each. The Sensex dropped 586 points to close at 80,600, while the Nifty 50 ended the day 203 points lower at 24,565. This marks the fifth straight weekly decline for Indian equities—its longest losing streak in nearly two years.

Several heavyweight stocks took a significant hit this week. Based on data from Trendlyne, here are the top 10 losers from the Nifty 50:

Top Nifty Losers for the Week

Adani Enterprises
Closed at ₹2,350.90, down 7.8% this week.
Wipro
Ended at ₹242.80, falling 6.4% over the week.
Kotak Mahindra Bank
Settled at ₹1,992.40, slipping 6.2%.
Tata Motors
Closed at ₹648.90, down 5.6% week-on-week.
Tata Steel
Finished at ₹153.00, declining 5.2%.
IndusInd Bank
Ended the week at ₹783.70, lower by 4.9%.
Bharat Electronics
Closed at ₹377.20, posting a 4.6% weekly drop.
Dr. Reddy’s Laboratories
Settled at ₹1,220.60, down 4.5%.
Titan Company
Finished at ₹3,316.00, falling 4.2% over the week.
Tata Consultancy Services (TCS)
Ended the week at ₹3,003.00, down 4.2%.

Nifty 50 top gainers today, July 31: Hindustan Unilever, Jio Financial Services, Kotak Mahindra Bank, ITC and more

Aman Shukla — Thu, 31 Jul 2025 10:08:39 +0000

Indian stock markets ended lower for the second straight day on July 31, as the Nifty 50 slipped below 24,800. The Sensex fell 296.28 points to settle at 81,185.58, while the Nifty 50 closed at 24,768.35, down by 86.70 points

Despite the market’s overall weakness, several heavyweight Nifty 50 stocks managed to buck the trend and post notable gains. Below is a detailed look at the top gainers of the Nifty 50 (as per Trendline) for the day.

Nifty 50 Top Gainers on July 31

Hindustan Unilever closed at ₹2,521.2, up 3.4%
Jio Financial Services ended at ₹329.3, rising 2.8%
Eternal settled at ₹307.8, gaining 1.4%
Kotak Mahindra Bank finished at ₹1,980.0, up 1.0%
ITC closed at ₹411.7, higher by 1.0%
JSW Steel ended at ₹1,048.3, adding 1.0%
Power Grid Corporation closed at ₹291.3, up 0.8%
Apollo Hospitals Enterprise settled at ₹7,507.0, rising 0.8%
Nestle India ended at ₹2,247.7, up 0.7%
Hero MotoCorp finished at ₹4,260.7, gaining 0.2%

Nifty top losers today, July 28: Kotak Mahindra Bank, Bajaj Finance, Wipro, IndusInd Bank, Bharti Airtel and more

Aman Shukla — Mon, 28 Jul 2025 10:15:20 +0000

Indian stock markets ended in the red on July 28, with both major indices witnessing sharp declines. The Nifty 50 fell below the 24,700 mark, closing at 24,680.90 — down 156.10 points or 0.63%. Meanwhile, the Sensex dropped 572.07 points or 0.70%, ending the day at 80,891.02.

Several heavyweight stocks dragged the indices lower, with banks, IT, and telecom seeing notable selling pressure. Among the biggest losers of the day were names such as Kotak Mahindra Bank, Bajaj Finance and Wipro. Let’s take a closer look at the top losers of the Nifty 50, according to Trendlyne.

Nifty 50 top losers on July 28

Kotak Mahindra Bank
Closed at ₹1,968.70, down 7.3%
Bajaj Finance
Closed at ₹881.00, down 3.6%
Wipro
Closed at ₹250.20, down 3.5%
IndusInd Bank
Closed at ₹799.60, down 2.9%
Bharti Airtel
Closed at ₹1,889.90, down 2.5%
Titan Company
Closed at ₹3,385.00, down 2.3%
Nestle India
Closed at ₹2,237.00, down 1.7%
Tata Consultancy Services
Closed at ₹3,085.80, down 1.6%
HCL Technologies
Closed at ₹1,468.00, down 1.5%
Adani Ports and Special Economic Zone
Closed at ₹1,376.90, down 1.4%

Kotak Mahindra Bank shares drop over 5% following Q1 results

Aman Shukla — Mon, 28 Jul 2025 03:48:04 +0000

Kotak Mahindra Bank shares tumbled over 5% on Monday after the private lender posted a sharp 47.5% year-on-year (YoY) drop in net profit for the quarter ended June 30, 2025 (Q1 FY26). As of 9:16 AM, the shares were trading 5.18% lower at Rs 2,014.50.

The bank reported a consolidated profit of ₹3,281.68 crore for the quarter, down from ₹6,249.82 crore in Q1 FY25, largely due to the absence of a one-time exceptional gain of ₹3,519.90 crore recorded in the same quarter last year.

Despite the profit decline, core business metrics remained steady. Net Interest Income (NII) rose 6% YoY to ₹7,259 crore, reflecting healthy lending activity and stable margins. Total income for the quarter stood at ₹16,916 crore, up from ₹15,675 crore a year ago.

Operating profit before provisions grew to ₹5,563.69 crore from ₹5,254.11 crore YoY. However, higher provisions and contingencies, which surged to ₹1,207.76 crore from ₹578.48 crore YoY, weighed on overall profitability.

Asset quality showed a slight deterioration sequentially. Gross NPAs rose to ₹6,637.70 crore (1.48%) from ₹5,477.15 crore (1.39%), while Net NPAs stood at ₹1,530.93 crore (0.34%) versus ₹1,376.33 crore (0.35%) in the previous quarter.