Kotak Mahindra first bank to relocate Mauritius Domiciled Fund to GIFT IFSC – Times of India

[ad_1] AHMEDABAD: Kotak Mahindra Bank Limited on Saturday announced it has successfully re-domiciled Alchemy India Long Term Fund from Mauritius to GIFT City in Gandhinagar, which houses India’s first International Financial Services Centre (IFSC). The bank has issued the first-ever foreign portfolio investor (FPI) license to Alchemy’s Fund incorporated in GIFT and registered with FISCA … Read more

Kotak Mahindra Bank Q4 net profit grows 14.29% to Rs 4,566cr – Times of India

[ad_1] MUMBAI: Kotak Mahindra Bank on Saturday posted a 14.29 per cent increase in its consolidated net profit at Rs 4,566 crore for the March 2023 quarter.The private sector lender’s standalone net profit grew to Rs 3,496 crore for the January-March 2023 period against Rs 2,767 crore in the year-ago period.For FY23, the bank’s consolidated … Read more

Kotak Mahindra Bank Q4 net profit grows 14.29% to Rs 4,566 crore – Times of India

[ad_1] MUMBAI: Kotak Mahindra Bank on Saturday posted a 14.29 per cent increase in its consolidated net profit at Rs 4,566 crore for the March 2023 quarter.The private sector lender’s standalone net profit grew to Rs 3,496 crore for the January-March 2023 period against Rs 2,767 crore in the year-ago period.For FY23, the bank’s consolidated … Read more