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CNBC TV18 - Markets 69d ago
Kotak’s Ashok Vaswani to evaluate IDBI when govt restarts process; West Asia conflict hits growth
Kotak Mahindra Bank CEO Ashok Vaswani on IDBI Bank plans, West Asia conflict impact, asset quality gains, and FY27 growth focus on microfinance and credit cards.
ALPHABANKETFBANKINDIABANKNIFTY1BANKPSUCHEMICALFOCUSIDBIKOTAKBANKLIQUID1LIQUIDPLUSMID150MIDSMALLM&MMNCMOMENTUM30MSCIINDIANEXT50ETFNIFTY100EWPSUBANKQUALITY30SILVER1SMALLCAPVASWANIAutomobile and Auto ComponentsConsumer Durables
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ET Markets - Industry 123d ago
Billionaire-backed Kotak Bank open to deals as CEO touts capital
Kotak Mahindra Bank is exploring acquisitions to deploy its surplus capital and expand its scale, CEO Ashok Vaswani said. The lender has a strong capital position, with a capital-to-risk ratio of 22.6%, allowing it to consider even deals above $1 billion, though it will assess whether targets fit its strategy, valuation and management focus.
ALPHAAVONMOREBANKINDIABANKNIFTY1CAPITALSFBCHEMICALCPCAPFOCUSKOTAKBANKLIQUID1MID150M&MMNCMOMENTUM30MSCIINDIANEXT50ETFNIFTY100EWPSUBANKQUALITY30SILVER1VASWANIAutomobile and Auto ComponentsConsumer Durables