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Kotak

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Banking, Fintech & Insurance 07 Oct 2026, 01:43 PM IST

Indian Banks Seen Posting 11% Q2FY27 Profit Growth, but FCNR Inflows May Pressure Margins: Kotak

Indian banks are expected to report 11 percent year-on-year earnings growth in the second quarter of FY27, according to Kotak, with private lenders likely to outpace state-run peers. The brokerage said strong deposit accretion, aided by FCNR inflows, should support balance sheets, though the same inflows may temporarily compress net interest margins.

By RDU Global Wire5 min read
Banking, Fintech & Insurance07 Oct 2026, 02:48 PM IST

PNB, Kotak Mahindra Bank Lead Gains as RBI Rate Hike Lifts Bank Stocks

Indian bank shares rose as much as 2% on Monday after the Reserve Bank of India raised the repo rate by 25 basis points to 5.50%, with the Nifty Bank index moving above 55,500. Investors appeared to read the move as a calibrated tightening step that could support lending margins even as it signals a more cautious monetary stance.

6 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 09:58 PM IST

Anup Saha’s Ascendancy Signals a Numbers-First Era at Kotak Mahindra Bank

Anup Kumar Saha is set to take over as chief executive of Kotak Mahindra Bank in January 2027, marking a carefully telegraphed succession at one of India’s most closely watched private lenders. Known for concise meetings, direct communication and a strong command of finance, Saha is expected to focus on accelerating loan growth while broadening the bank’s deposit base.

5 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 02:23 PM IST

RBI Clears Anup Saha for Kotak Mahindra Bank CEO Role

The Reserve Bank of India has approved Anup Kumar Saha’s appointment as managing director and chief executive officer of Kotak Mahindra Bank for a three-year term beginning January 1, 2027. He will succeed Ashok Vaswani, subject to formal approval by the bank’s board and shareholders.

5 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 09:55 AM IST

HDFC Bank and Kotak Mahindra Bank Tap Two Anups to Reset Top Leadership

HDFC Bank has appointed Anup Bagchi as its new managing director and chief executive officer, effective October 26, after Sashidhar Jagdishan opted not to seek reappointment at the end of his six-year term. Kotak Mahindra Bank has separately named Anup Saha as its next MD and CEO from January 1, setting up a rare simultaneous leadership transition at two of India’s most closely watched private lenders.

5 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 05:34 AM IST

Kotak Mahindra Bank Advances Jump 24.7% as Deposits Rise 23.2% in Q2

Kotak Mahindra Bank reported robust provisional growth in the September quarter, with net advances rising 24.7% year-on-year to Rs 5,77,094 crore and total deposits increasing 23.2% to Rs 6,51,491 crore as of September 30, 2026. The lender also said CASA deposits grew 11.3%, underscoring continued traction in low-cost funding even as competition for deposits remains intense across the banking system.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 09:38 PM IST

Kotak Mahindra Bank Names Anup Kumar Saha as Managing Director and CEO

Kotak Mahindra Bank has appointed Anup Kumar Saha as its next Managing Director and Chief Executive Officer for a three-year term beginning January 1, 2027. The move elevates a long-serving financial services executive with more than 32 years of experience and signals continuity at one of India’s most closely watched private-sector lenders.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 07:46 PM IST

Kotak Mahindra Bank Names Anup Kumar Saha as Next CEO, Signalling Continuity and Customer Focus

Kotak Mahindra Bank has named Anup Kumar Saha as its next Managing Director and Chief Executive Officer, with the appointment set to take effect on January 1, 2027, subject to shareholder approval. The move, following Reserve Bank of India approval, places a long-serving banker with more than 32 years of experience at the helm of one of India’s most closely watched private lenders.

5 min readRead →

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