An increased focus on short-term performance and the shape of their balance sheets at the end of the fiscal year is beginning ...
Kotak outlined the critical challenge banks currently face: "Leading banks are taking 1 year wholesale deposits at ~8%.
Kotak Mahindra Bank founder Uday Kotak wrote on the microblogging platform X, "If the shortage of deposits continues, it will become a threat to the banking business model." ...
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ET Now on MSN'Borrow at 9%, lend at 8.5%...' - Asia's richest banker Uday Kotak flags challenge to banking business modelUday Kotak cautioned that banks are facing a serious shortage of deposits, which is affecting their profits. He pointed out ...
Kotak Mahindra Bank's private banking unit plans to add thousands of new families to mitigate falling margins in India's ...
Kotak Mahindra Bank Ltd.’s private banking unit ... in India’s growing wealth management industry. The billionaire Uday Kotak-backed division added 2,280 new families to its client base ...
The history of Kotak Mahindra Bank can be traced back to 1985 when prominent Indian businessman Uday Kotak established and promoted an NBFC called Kotak Mahindra Finance Ltd. (KMFL). Initially ...
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Mumbai's Most Expensive Real Estate Deal? Kotak Family Buys Entire Residential Building With 12 Flats for Rs 2.71 Lakh/Sq. FtMumbai: Former managing director and CEO of Kotak Mahindra Bank Uday Kotak and his family have reportedly purchased an entire residential building in Mumbai's prestigious Worli Sea Face area.
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