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Oct 18, 2023 · In the meantime, it is also not clear whether RBI would approve Kotak, who owns about 26% stake in the bank, as non-executive director from 1st Jan 2024. At an analyst call in July, Uday Kotak had assured that as a 26% shareholder, he is fully committed to the balance 74% shareholders to ensure a smooth transition.
Earn FD-wala interest up to 7%* p.a. in Savings Account with ActivMoney. To know more, click here. Open a Kotak Savings Account Existing Customer ? Activate. Kotak Mahindra Bank offers high interest rate savings account, low interest rate personal loan and credit cards with attractive offers. Experience the new age Personal Banking and Net ...
Feb 10, 2023 · Kotak Mahindra Bank acquires 100% shareholding in Sonata Finance. The private sector bank will acquire 26.45 million equity shares of microfinance company Sonata, of face value 10 rupees each fully paid up value. With this acquisition, SFPL will be a wholly owned subsidiary of the Bank after receiving regulatory and other approvals.
Oct 21, 2021 · Established in 1985, Kotak Mahindra Group is one of India's leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into
Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra, India. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. As of April 2019, it is the second largest Indian private sector bank ...
Mar 22, 2024 · It is jointly owned by Kotak Mahindra Bank through its subsidiary and Kotak family, as per the website. Infina, a non-deposit accepting, systemically important non-banking financial company registered with the RBI, had reported a profit of Rs 105.55 crore in 2022-23. The firm had a total income of Rs 227.84 crore during the fiscal.
3 Overview Statutory Reports Financial Statements Directors’ Report To the Members KOTAK MAHINDRA CAPITAL COMPANY LIMITED The Directors present their Twenty Sixth Annual Report together with the audited accounts of your Company for the year ended 31st March, 2021.
