Billionaire banker Uday Kotak steps down as CEO of Kotak Mahindra Bank reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
BlackRock deal with billionaire Ambani to stir up Indian asset management sector spglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spglobal.com Daily Mail and Mail on Sunday newspapers.
Standalone net profit increased by 26% year-on-year (y-o-y) to around ₹3,500 crore. The bank’s NIM rose to a multi-quarter high of 5.75%, up 28 basis points from Q3.