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Kotak Mahindra Bank appoints agricultural economist Ashok Gulati as additional director


Kotak Mahindra Bank appoints agricultural economist Ashok Gulati as additional director
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Last Updated: Mar 05, 2021, 07:26 PM IST
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Gulati is an MA and PhD from Delhi School of Economics and is currently the Infosys Chair Professor for Agriculture at the Indian Council for Research on International Economic Relations (ICRIER), the statement said.
Gulati, a keen backer of the recent farm laws, has also been appointed by the Supreme Court to a four-member panel
Private sector lender
Kotak Mahindra Bank on Friday appointed agricultural economist Ashok Gulati as additional independent director on its board. The term of Gulati, a keen backer of the recent farm laws who has also been appointed by the Supreme Court to a four-member panel, is for five years starting from Saturday, an official statement from the bank said. ....

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Kotak Mahindra Bank Appoints Dr Ashok Gulati as an Additional Independent Director on its Board


Kotak Mahindra Bank Appoints Dr Ashok Gulati as an Additional Independent Director on its Board
Posted On:
2021-03-05 09:41:07
(Time Zone: Arizona, USA)
Kotak Mahindra Bank Limited today announced the appointment of Padma Shri awardee, Dr. Ashok Gulati as an Additional and Independent Director on the Bank s Board, for a term of five years, effective 6th March, 2021, subject to the approval of the Members of the Bank.
Prakash Apte, Chairman of Kotak Mahindra Bank said, We are truly delighted to have Dr. Ashok Gulati on the Bank s Board of Directors. His insights on the national and international agriculture sector and his experience as a Researcher and writer on the rural economy will immensely add value to our Bank. ....

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Nifty, Sensex continues to cruise higher – Weekly closing report


Nifty, Sensex continues to cruise higher – Weekly closing report
Moneylife Digital Team / IANS
 
 
 
 
On Monday, the major indices made minor gains. On the NSE, there were 1,204 advances, 697 declines and 332 unchanged.
 
DHFL’s transaction auditor Grant Thornton detected fraudulent transactions of Rs 1,058.32 crore by way of undervaluation, fraud and preferential treatment to certain entities.
 
 
The board of HDFC Bank has appointed Sanmoy Chakrabarti, Head-Risk Management, as the Chief Risk Officer (CRO) of the bank, for a period of three years.
 
IRCTC offer for sale concluded successfully on 11 December 2020. The Government of India sold 3.2 crore shares in this offer for sale. The retail investor s portion was fully subscribed while the institutional investor portion was subscribed 1.34 times.  ....

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RBI allows Uday Kotak's re-appointment as Kotak Bank CEO, MD for 3 years


RBI allows Uday Kotak s re-appointment as Kotak Bank CEO, MD for 3 years
Uday Kotak had assumed office as CII chief for 2020-21 in June; Prakash Apte has been appointed as part-time chairman and Dipak Gupta as joint MD for 3 years, with effect from January 1, 2021
BusinessToday.In | December 15, 2020 | Updated 10:40 IST
Uday Kotak, MD & CEO of Kotak Mahindra Bank
The Reserve Bank of India (RBI) has approved the re-appointments of Uday Kotak as MD & CEO of Kotak Mahindra Bank for three years, the lender informed the stock exchanges.
The Board of directors of the bank and the shareholders had approved the aforesaid re-appointments, subject to the approval of the RBI, at their respective meetings held on May 13, 2020, and August 18, 2020, the bank said. ....

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Kotak Bank stock hits all-time high after RBI clears re-appointment of Uday Kotak as MD


Kotak Bank stock hits all-time high after RBI clears re-appointment of Uday Kotak as MD
Kotak Mahindra Bank share stands higher than 5, 20, 50, 100 and 200-day moving averages. Market capitalisation of the lender stood at Rs 3. 85 lakh crore today
BusinessToday.In | December 16, 2020 | Updated 00:29 IST
Kotak Mahindra Bank share price has risen 10% in one month and 15% in one year. The stock has gained 7.27% in the last 6 days
Shares of Kotak Mahindra Bank gained almost 1% and hit a fresh record high of Rs 1,949.45 on Tuesday after the RBI approved the re-appointment of Uday Kotak as managing director of the bank
Kotak Mahindra Bank shares touched a fresh 52-week and all-time high of Rs 1,956, rising 0.9% against the last close of Rs 1,940.15. Kotak Mahindra Bank share stands higher than 5, 20, 50, 100 and 200-day moving averages. Market capitalisation of the lender stood at Rs 3. 85 lakh crore today. ....

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