KOTAK MAHINDRA BANK (KOTAKBANK)
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Kotak Bank wins CCI approval to absorb Deutsche Bank India retail business
Kotak Mahindra Bank has secured competition watchdog CCI's approval to take over Deutsche Bank's retail banking, private banking and wealth management business in the country, marking a proposed transfer of the German lender's customer-facing businesses to the domestic bank. The Competition Commission of India (CCI), on Tuesday said it had approved the acquisition of the businesses operated by Deutsche Bank through its Indian branches.
Kotak Mahindra Bank wins CCI approval for Deutsche Bank India retail buy
Kotak Mahindra Bank gets CCI nod to buy Deutsche Bank’s India retail, wealth business - Published OnNov 3, 2026 | 20:30 IST - Last Updated OnNov 3, 2026 | 20:30 IST Kotak Mahindra Bank secured antitrust clearance to absorb Deutsche Bank's local retail and private wealth portfolios, absorbing substantial customer deposits and loan assets in a strategic slump sale. Find out how the integration will impact Kotak's market share in high-net-worth banking.
Kotak Mahindra Bank shares jump 4% as brokerages raise targets after Q2
Kotak Mahindra Bank shares climbed 4% following its Q2 results, leading Nifty 50 gainers and signaling a positive technical breakout. Brokerages including Jefferies and Goldman Sachs have lifted price targets, reinforcing market confidence in the stock's post-earnings momentum.
Kotak Mahindra Bank Q2 Profit Jumps 29.5% to Rs 5,645 Crore
Kotak Mahindra Bank reported a 26% year-on-year rise in consolidated profit after tax to Rs 5,645 crore for Q2, with net interest income up 16%. The standalone net profit jumped 29.5%, beating analyst estimates, though net interest margin saw a marginal dip due to FCNR(B) inflows. The results were announced alongside those of AU Small Finance Bank, IDFC First Bank, and other companies.
Kotak Mahindra Bank shares rise 2% on HSBC buy upgrade
Kotak Mahindra Bank shares climbed 2% after HSBC upgraded the stock to buy, reversing earlier muted trading. The upgrade has injected fresh momentum into the stock, drawing investor attention to the private lender's outlook.
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Kotak Bank Share Price Live Updates: Kotak Bank Sees Slight Price Increase - The Economic Times
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