KOTAK BANK Q3
IndusInd Bank Q1 Update: Net advances jump 16% YoY to Rs 3,48,107 crore; deposits rise 15% IndusInd Bank's net advances rose Rs 3,48,107 crore in Q2 FY24, marking a 16% increase from Rs 3,01,317 crore in the same quarter last year. Deposits rose 15% year-on-year to Rs 3,98,632 crore from Rs 3,47,347 crore.
05 Jul, 2024, 05.37 PM ISTHDFC Bank Q1 Update: Advances soar 53% YoY to Rs 24.87 lakh cr; deposits jump 24% Excluding the impact of the HDFC merger with the bank on July 1, 2023, the bank's gross advances grew by 15% compared to the same period last year. During the first quarter, retail loans increased by approximately Rs 18,600 crore, and commercial and...
04 Jul, 2024, 06.25 PM ISTNew credit card rules: HDFC Bank, Axis Bank, other banks customers cannot make credit card bill payments using PhonePe, Paytm Credit card bill payment rules: As of July 1, customers with credit cards from major banks like HDFC Bank and Axis Bank will no longer be able to settle their credit card bills using third-party applications such as PhonePe, Amazon Pay, and Paytm.
04 Jul, 2024, 03.57 PM IST- ADVERTISEMENT
5 stock market myths in a raging bull market: Kotak Equities Despite the ongoing bullish trend on D-Street with frequent new highs, Kotak Institutional Equities has cautioned investors by debunking five prevalent market myths in a recent note. Among these myths are beliefs that Indian markets are currently tr...
04 Jul, 2024, 02.55 PM ISTPE investment in real estate hits $2.5 bn in Q2, a 3-year high Institutional investments in India's real estate sector surged to a three-year high of $2.5 billion in the June quarter, primarily driven by robust activity in the industrial and warehousing, and residential segments, according to Colliers. The indu...
04 Jul, 2024, 12.27 PM ISTStocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc Indian markets corrected impacting shares of YES Bank, DMart, and Kotak Bank. Despite this, Zomato and Hindustan Zinc were affected, with DMart reporting increased revenue. Additionally, HDFC Bank's weight in the index may increase, as YES Bank repo...
03 Jul, 2024, 06.47 AM ISTYES Bank Q1 Update: Advances rise 15% YoY to Rs 2.29 lakh cr, deposits grow 21% The bank's credit-to-deposit ratio for the first quarter was 86.4%, down from 91.3% in the same quarter last year. During the April-June 2024 period, the liquidity coverage ratio improved to 137.8%.
02 Jul, 2024, 09.12 PM ISTKotak Bank shares fall 4% as its name crops up in Adani-Hindenburg saga Hindenburg Research said Kotak Mahindra Bank setup an offshore fund structure to short Adani stocks, causing Kotak's shares to drop by up to 4% to a low of Rs 1,737 on the NSE. The investment firm also targeted Uday Kotak, the founder of the bank, w...
02 Jul, 2024, 01.57 PM ISTU-Turn: Sensex, Nifty erase gains after hitting record highs From the Sensex pack, Infosys, HCL Tech, TCS, and Bharti Airtel opened higher, while Tata Motors, Kotak Mahindra Bank, Bajaj Finance, and ICICI Bank opened in the red.Shares of Kotak Mahindra dropped 2% after US short-seller Hindenburg said that the...
02 Jul, 2024, 10.01 AM ISTPositive Breakout: These 3 stocks close cross above their 200 DMA According to technical scan data from stockedge.com, three stocks in the Nifty200 pack saw their closing prices surpass their 200-day moving averages (DMA) on June 20th.
21 Jun, 2024, 09.47 AM ISTBanks report higher NPA provisioning in Q4 For the 12 public sector banks (PSBs) in the sample, the aggregate provisioning for non-performing assets (NPA) fell by a tad 0.7% year-on-year to Rs 15,157.8 crore.
11 Jun, 2024, 09.21 PM IST3 stocks Viral Shah is bullish on from NBFC sector I think a lot of analysts and investors have kind of built this in in their numbers and the impact is going to be actually gradual. Given that these are two-three years fixed rate loans, so the impact is always on an incremental basis. So, it will t...
08 Jun, 2024, 03.52 PM ISTStage set for Modi 3.0; which sectors are likely to see growth? With BJP bagging 240 seats and NDA 291, a much less than expected results in the polls, investors will be looking forward to reviewing their portfolio, prompting predictions on policy recalibration by experts.
05 Jun, 2024, 08.06 PM ISTNifty Bank index roars back to record biggest daily gain in 3 years Banking stocks stage a significant rebound, recording the largest gains in over three years, led by HDFC Bank, Bandhan Bank, and IndusInd Bank. Market confidence rises amid support for the BJP from allies and short covering.
05 Jun, 2024, 03.44 PM ISTInterGlobe Aviation shares rally 3% after doubling Q4 profit. Brokerages increase target price up to Rs 5,192 InterGlobe Aviation, the parent company of IndiGo Airlines, witnessed a significant uptick in its stock price on Friday, with shares climbing almost 3% on the BSE to reach a new 52-week high of Rs 4,520. This surge followed a more than doubling of t...
24 May, 2024, 11.53 AM ISTNykaa shares rally 3% after Q4 results. What brokerages recommend you should do The company also posted a 28% year-on-year (YoY) increase in operating revenue for the March quarter to Rs 1,667 crore led by a 24% increase in the core business, beauty and personal care (BPC), to Rs 1,388 crore during the quarter.
23 May, 2024, 05.10 PM ISTITC Q4 Preview: Revenue to grow around 3% YoY; margins to contract Brokerage firms expect that ITC will announce subdued revenue growth for the fourth quarter when it declares its results on May 23. Based on projections from different brokerages, it's anticipated that profits will see a modest 3% year-on-year incre...
23 May, 2024, 06.49 AM ISTKotak Mahindra Bank Q4 Results: PAT jumps 18% YoY to Rs 4,133 crore, beats estimates Kotak Mahindra Bank Q4 Results: Net interest income in Q4 rose 13% YoY to Rs 6,909 crore. The bank's board announced a dividend of Rs 2 per share. Its advances increased 20% YoY to Rs 391,729 crore as of March-end while customer assets, which compri...
04 May, 2024, 01.18 PM ISTQ4 Results Today: DMart, Kotak Mahindra Bank among 16 companies to announce earnings Other companies which will also release the numbers include The Anup Engineering, Birla Corp, Golkonda Aluminium, Hitch Energy Batteries, IDBI Bank, Jammu and Kashmir Bank, Kansai Nerolac Paints, Nagarjuna Fertilisers, Nila Infrastructure, Raw Edge,...
04 May, 2024, 10.04 AM ISTKotak Bank Q4 Preview: Profit to drop marginally; loan growth seen steady Kotak Bank Q4 Preview: As far as figures are concerned, profit for the fourth quarter is expected to fall around 3% YoY. Key monitorables from the earnings include commentary on NIMs and growth outlook, especially the growth trajectory in the unsecu...
03 May, 2024, 05.52 PM IST