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Explained: Why Kotak Mahindra Bank shares gained over 5% today

Kotak Mahindra Bank's standalone profit for Q4 FY24 rose by 18.22% year-on-year (YoY) to Rs 4,133.30 crore.

Kotak Mahindra Bank shares climb nearly 5% after Q4 earnings

Kotak Mahindra Bank shares climb nearly 5% after Q4 earnings
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Kotak Mahindra Bank Net up 18% in Q4

Kotak Mahindra Bank is stepping up efforts and investments to resolve technology concerns raised by the banking regulator and regain approval to resume normal operations, said Ashok Vaswani, managing director and chief executive officer, on Saturday.

Kotak Mahindra Bank to invest 1,700cr in tech upgrades: CEO

India Business News: Kotak Mahindra Bank's CEO, Ashok Vaswani, plans Rs 1,700 crore tech upgrades to address RBI's concerns. The bank recorded a 18% increase in net profit

KVS Manian doesn t have anything in his hand right now : Kotak CEO Vaswani

"Manian wanted to pursue other opportunities in the financial sector. the timing made things a little difficult. He was with the company for a very long time," Ashok Vaswani, MD and CEO of Kotak Mahindra Bank said.

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