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Kotak Mahindra Bank to raise Rs 10,000 crore via NCD

"This is to inform you that the Board of Directors of Kotak Mahindra Bank have, at their meeting held today, inter alia, approved a proposal to enable the Board of Directors of the Bank to raise funds by way of issuance of Unsecured, Redeemable, Non-Convertible Debentures, on a private placement basis, for an amount up to Rs. 10,000 crore," Kotak said ....

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Kotak Mahindra Bank Q3 results: Top 4 highlights from the earnings report

According to Motilal Oswal Financial Services, asset quality was expected to improve to 1.63 percent and Net NPA at 0.34 percent but the reported numbers missed expectations. ....

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Kotak Mahindra Bank Q3 preview: Net profit to rise 16%, margin contraction to continue

This will be Kotak Bank s first quarterly results announcement with Ashok Vaswani at the helm. The veteran banker Ashok Vaswani assumed charge as the managing director and chief executive officer of the bank on January 1, 2024. ....

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