To attract investment to the country, Prime Minister Narendra Modi will chair today the Virtual Global Investor Roundtable (VGIR) 2020, which will be attended by the heads of the top 20 institutional investors from various parts of the world. VGIR 2020 will focus on discussions on India’s economic and investment …
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Uday Kotak, promoter and managing director of Kotak Mahindra Bank is known for his conservative approach. Your bank’s performance metrics have reflected this approach over the years. Kotak Mahindra Bank has one of the lowest bad loan rates in the banking industry. Be it the financial crisis of 2008 or …
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MUMBAI: Kotak Mahindra Bank is exploring the acquisition of a private sector rival IndusInd Bank, according to the report. IndusInd International Holdings (IIHL) of Hindujas, which is the promoter of IndusInd Bank, has denied the report, while Kotak has not committed. In a report Sunday afternoon, Bloomberg said that Kotak …
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Uday Kotak is analyzing the possibility of a full acquisition of shares. Kotak Mahindra Bank Ltd., backed by Asia’s richest banker, is exploring an acquisition of small Indian rival IndusInd Bank Ltd., people with knowledge of the matter said, a move that would create the country’s eighth largest financial firm …
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Kotak Mahindra Bank, backed by Asia’s richest banker, is exploring an acquisition of a smaller Indian rival IndusInd Bankpeople with knowledge of the matter said. The move would create the eighth largest financial firm in the country by assets. Uday Kotak, founder and CEO of Kotak Mahindra, is looking at …
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Mumbai: Two years after taking control of the bankrupt financial and infrastructure leasing services (IL&FS), the board of directors led by Uday Kotak has resolved ₹19,100 crore, or approximately 19%, of the outstanding debt of the group over ₹1 trillion. During the July-September 2020 quarter, the new administration resolved a …
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