Bank

Unlocking Kotak Mahindra Bank Q3 Performance: 4 Key Insights Revealed

amitsomrana71 year ago1 year ago04 mins

Profits Unveiled In its financial update for Q3 ending December 31, 2023, Kotak Mahindra Bank showcased a net profit of Rs 3,005 crore. This marked a noteworthy 7.6 percent YoY growth, despite falling slightly below analyst projections of a Rs 3,243 crore profit. Net Interest Income Triumph The bank’s net interest income (NII) outshone expectations,…

Unveiling RBI’s Revised Norms: Eligibility Criteria and Board Oversight for Bank Dividend Declarations

amitsomrana71 year ago1 year ago05 mins

The Reserve Bank of India (RBI) has taken a significant stride in shaping the landscape of dividend declarations by banks. In a recent development on January 2, the RBI released draft norms, offering a comprehensive framework outlining the eligibility criteria and guidelines for board oversight in the process. Evolution of Guidelines Previously, banks declared dividends…

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Unlocking Kotak Mahindra Bank Q3 Performance: 4 Key Insights Revealed

Unveiling RBI’s Revised Norms: Eligibility Criteria and Board Oversight for Bank Dividend Declarations