Kotak Mahindra Bank acquires BSS Microfinance

Mumbai, Sept 30 (IBNS): Kotak Mahindra Bank Limited (Kotak), on Friday announced that it has executed binding share purchase agreement to acquire 99.49% of equity shares of BSS Microfinance Private Limited (BSS), a Non-Banking Finance Company, classified as a NBFC-MFI, from existing shareholders subject to regulatory and other approvals, including Reserve Bank of India.

Kotak Mahindra Bank launches 'Kotak Now'

Mumbai, Sept 22 (IBNS): Kotak Mahindra Bank on Thursday announced the launch of 'Kotak Now', a digital account opening process on mobile.

Kotak Mahindra Bank offers Monsoon bonanza

Mumbai, Aug 22 (IBNS): To celebrate the long-awaited bountiful rains this year, Kotak Mahindra Bank (KMB) is presenting several tempting offers: Interest rates on home loans and business loans have been lowered; processing fees have been discounted, and foreclosure charges are being completely waived off, till Sept 10.

Kotak Mahindra Bank's Shanti Ekambaram calls Union Budget as 'positive'

New Delhi, Feb 29 (IBNS) Shanti Ekambaram, President – Consumer Banking, Kotak Mahindra Bank, on Monday called the Union Budget presented by Union Finance Minister Arun Jaitley as 'positive',

Kotak Mahindra Bank revises Base Rate

Mumbai, April 14 (IBNS): Kotak Mahindra Bank has reduced its Base Rate from current level of 10% p.a to 9.85% p.a with effect from Apr 16.