Tag: kotak mahindra bank

In Graphics: Post-dated clearing of cheques is history

Economy
The Reserve Bank of India’s new real-time cheque clearance system, aimed at improving ef ciency, is facing glitches, with some customers complaining about delays. ET takes a look back at how cheques have evolved over...

Currency watch: Rupee rises 7 paise to 88.72 against dollar; domestic markets and crude oil support gains

Business
The rupee strengthened by 7 paise to close at 88.72 against the US dollar on Friday, buoyed by positive domestic market trends and a broad decline in crude oil prices, PTI reported. Forex...

Uday Kotak says Donald Trump’s tariffs have ‘woken Indians up’! Banking billionaire urges support from government; ‘great opportunity to pivot..’

Business
Uday Kotak emphasised that the Indian government needs to provide "direct fiscal support" to enhance small businesses. Uday Kotak, the billionaire Indian...

Ahead of Market: 10 things that will decide stock market action on Tuesday

Stocks
The Indian market ended in the red on Monday, as weak quarterly earnings, stalled trade negotiations with the U.S., fresh layoffs in the...

Rate cut expected, RBI’s views in focus with economy near a sizzle

Economy
Mumbai: The Reserve Bank of India is expected to cut interest rates for the third straight monetary policy meeting this week amid easing...

Market Wrap: Auto stocks lead D-Street rise on Trump’s EU tariff pause; Sensex up 455 points, Nifty above 25,000

Stocks
Buoyed by optimism over US President Donald Trump’s decision to pause the 50% tariffs on the EU, auto stocks rallied sharply, boosting overall...

Market Wrap: Realty, pharma, financial services stocks lift D-Street; Sensex rises 410 points, Nifty above 24,800

Stocks
Nifty and Sensex gave up on their early gains on Wednesday, but managed to close slightly higher, pushed by gains from realty, financial...

Kotak Mahindra net profit dips 14%

Business
MUMBAI: Kotak Mahindra Bankreported a 14% year-on-year decline in standalone net profit to Rs 3,552 crore for the quarter ended March...

Financials set to outperform despite FII selling, says Mayuresh Joshi. Picks Kotak Bank, 2 other banks

Stocks
While foreign institutional investors (FII) selling has impacted financial stocks in the short term, analyst Mayuresh Joshi of Marketsmith remains optimistic about the...

Liquidity push: RBI readies ₹1.5 lakh crore injection

Economy
Mumbai: The Reserve Bank of India (RBI) Monday announced a host of measures to inject durable liquidity into the system, including a ₹60,000-crore...

Stocks on brokerages’ radar for January 21

Business
Nomura maintained its ‘buy’ rating on Kotak Mahindra Bank but cut the target price from Rs 2,170 to Rs 2,110 (+10%)...

HDFC Bank gets RBI nod to hike group stake in 3 banks

Business
MUMBAI: HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike...

Growth seen at 6.1-6.8% for FY25 on 7-quarter Q2 low

Economy
A sharper-than-anticipated slowdown in economic expansion in the second quarter has prompted economists to slash their forecast on India's growth for fiscal 2025.Citing...

Growth may have slipped in rainy Q2 but forecast for fiscal is sunny

Economy
India’s economic growth likely moderated in July-September, primarily due to a slowdown in consumption and investment amid heavy monsoon rains in several parts...
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