Latest


Kotak Bank grows its net profit, to raise Rs.5,000 crore

  •   Thu, Jul 21 2016 04:50:25 PM

Chennai, July 21 (IANS): Kotak Mahindra Bank Ltd on Thursday announced that it closed the first quarter of the current fiscal with a net profit of Rs 741.97 crore as compared to Rs 189.78 crore for the same period last year.

In a regulatory filing in BSE, the bank also said its total income has increased from Rs 4,583.86 crore for the quarter ended June 30, 2015 to Rs 5,120.03 crore for the quarter ended June 30, 2016.

The Bank's board of directors have approved the proposal to seek the consent of shareholders by postal ballot for issuance of unsecured, redeemable, non-convertible debentures/bonds up to Rs 5,000 crore.
  

Top Stories


Leave a Comment

Title: Kotak Bank grows its net profit, to raise Rs.5,000 crore



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like