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ICICI Bank shares rose after strong Q1 FY27 results, winning clear analyst preference over peers. HDFC Bank and Axis Bank stocks declined, while Kotak Mahindra Bank earned a conditional buy and Yes Bank faced continued scrutiny.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
Kotak Mahindra Bank has received RBI approval to buy up to 9.99% stakes in AU Small Finance Bank and Federal Bank. The move signals a financial investment play by Kotak, with AU Small Finance shares rising about 1% on the news.
The RBI has approved Kotak Mahindra Bank to hold up to 9.99% stakes in AU Small Finance Bank and Federal Bank. The clearance positions Kotak as a significant minority shareholder in both mid-tier lenders while staying below the threshold that triggers stricter regulatory review.
The RBI has approved Kotak Mahindra Bank to acquire up to 9.99% of Federal Bank's share capital, the maximum allowed without triggering a deeper ownership review. The move positions Kotak as a potential top institutional shareholder in the Kerala-based lender, with actual purchases yet to be disclosed.
Kotak Mahindra Bank posted a net profit of Rs 4,026.55 crore in Q4 FY26, up 13.3% from a year ago, with net interest income rising 8%. The results signal steady earnings momentum, though investors will watch asset quality and margin data for a fuller picture.
Kotak Mahindra Bank's Q4 profit beat estimates as lower provisions boosted earnings and asset quality improved. Gross NPA fell to 1.20% from 1.30%, and net NPA dropped to 0.25% from 0.31% quarter-on-quarter. The bank also declared a dividend.
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ICICI Bank shares rose after strong Q1 FY27 results, winning clear analyst preference over peers. HDFC Bank and Axis Bank stocks declined, while Kotak Mahindra Bank earned a conditional buy and Yes Bank faced continued scrutiny.
1mo ago · 3 min · Markets
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
2mo ago · 3 min · Markets
Kotak Mahindra Bank has received RBI approval to buy up to 9.99% stakes in AU Small Finance Bank and Federal Bank. The move signals a financial investment play by Kotak, with AU Small Finance shares rising about 1% on the news.
3mo ago · 2 min · Markets
The RBI has approved Kotak Mahindra Bank to hold up to 9.99% stakes in AU Small Finance Bank and Federal Bank. The clearance positions Kotak as a significant minority shareholder in both mid-tier lenders while staying below the threshold that triggers stricter regulatory review.
3mo ago · 2 min · Markets
The RBI has approved Kotak Mahindra Bank to acquire up to 9.99% of Federal Bank's share capital, the maximum allowed without triggering a deeper ownership review. The move positions Kotak as a potential top institutional shareholder in the Kerala-based lender, with actual purchases yet to be disclosed.
3mo ago · 2 min · Markets
Kotak Mahindra Bank posted a net profit of Rs 4,026.55 crore in Q4 FY26, up 13.3% from a year ago, with net interest income rising 8%. The results signal steady earnings momentum, though investors will watch asset quality and margin data for a fuller picture.
3mo ago · 2 min · Markets
Kotak Mahindra Bank's Q4 profit beat estimates as lower provisions boosted earnings and asset quality improved. Gross NPA fell to 1.20% from 1.30%, and net NPA dropped to 0.25% from 0.31% quarter-on-quarter. The bank also declared a dividend.
3mo ago · 2 min · Markets
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