Kotak Mahindra Bank Ltd. share price target

Background: Kotak Mahindra Bank is one of the leading Private Sector Banks with a strong presence in Capital market related segments. Kotak Mahindra started business in the mid-1980s as a bill discounting company. Since then, it has entered various financial services businesses, such as securities, investment banking, life insurance, asset management, and banking, and it has become one of the leading players in capital markets in India. Kotak obtained its banking license in 2002. It has over 1150 branches as of FY15 (on the merged entity) and ~ 1.2% share of system loans. Mr Uday Kotak, the major...

Background: Kotak Mahindra Bank is one of the leading Private Sector Banks with a strong presence in Capital market related segments. Kotak Mahindra started business in the mid-1980s as a bill discounting company. Since then, it has entered various financial services businesses, such as securities, investment banking, life insurance, asset management, and banking, and it has become one of the leading players in capital markets in India. Kotak obtained its banking license in 2002. It has over 605 branches as of FY14 (target 1000 branches in CY16) and ~ 1% share of system loans. Mr Uday Kotak, the major shareholder,...

Background: Kotak Mahindra Bank is one of the leading Private Sector Banks with a strong presence in Capital market related segments. Kotak Mahindra started business in the mid-1980s as a bill discounting company. Since then, it has entered various financial services businesses, such as securities, investment banking, life insurance, asset management, and banking, and it has become one of the leading players in capital markets in India. Kotak obtained its banking license in 2002. It has over 605 branches as of FY14 (target 1000 branches in CY16) and ~ 1% share of system loans. Mr Uday Kotak, the major shareholder,...

Kotak Mahindra Bank is one of the leading Pr ivate Sector Banks w ith a strong presence in Capital market related segments. Kotak Mahindra started bus iness in the mid-1980s as a bill discounting company. Since then, it has enter ed various financial services businesses, such as securities, in vestment banking, life insurance, asset management, and banking, and it has become one of the leading players in capital markets in India. Kotak obtained its banking license in 2002. It has over 605 branches as of FY14 (target 1000 branches in CY16) and ~ 1% share of system loans. Mr Uday Kotak, the major shareholder,...

Kotak Mahindra Bank is one of the leading Pr ivate Sector Banks w ith a strong presence in Capital market related segments. Kotak Mahindra started bus iness in the mid-1980s as a bill discounting company. Since then, it has enter ed various financial services businesses, such as securities, in vestment banking, life insurance, asset management, and banking, and it has become one of the leading players in capital markets in India. Kotak obtained its banking license in 2002. It has over 605 branches as of FY14 (target 1000 branches in CY16) and ~ 1% share of system loans. Mr Uday Kotak, the major shareh older,...

Kotak Mahindra Bank is one of the leading Pr ivate Sector Banks w ith a strong presence in Capital market related segments. Kotak Mahindra started business in the mid-1980s as a bill discounting company. Since then, it has entered var ious financial services businesses, such as securities, in vestment banking, life insurance, asset management, and banking, and it has become one of the leading players in capital markets in India. Kotak obtained its banking license in 2002. It has over 437 branches (target 500 branches in CY13) and less than a 1% share of system loans. Mr Uday Kotak, the major shareholder, and...

Kotak Mahindra Bank is one of the leading Pr ivate Sector Banks w ith a strong presence in Capital market related segments. Kotak Mahindra started bus iness in the mid-1980s as a bill discounting company. Since then, it has enter ed various financial services businesses, such as securities, in vestment banking, life insurance, asset management, and banking, and it has become one of the leading players in capital markets in India. Kotak obtained its banking license in 2002. It has over 437 branches (target 500 branches in CY13) and less than a 1% share of system loans. Mr Uday Kotak, the major shareholder, and...

Background: Kotak Mahindra Bank is one of the leading Private Sector Banks with a strong presence in Capital market related segments. Kotak Mahindra started business in the mid-1980s as a bill discounting company. Since then, it has entered various financial services businesses, such as securities, investment banking, life insurance, asset management, and banking, and it has become one of the leading players in capital markets in India. Kotak obtained its banking license in 2002. It has over 437 branches (target 500 branches in CY13) and less than a 1% share of system loans. Mr Uday Kotak, the major shareholder, and...

The market is going to keenly watch key earnings expected today. Strong April-June quarter numbers of TCS may also be a market game changer. On Thursday, equity benchmarks gained strength in late trade with the BSE Sensex gaining 180 points to close at 20128.41 on short covering in banks, capital goods and oil & gas stocks. Globally, the Dow and the S&P; 500 closed at record highs on Thursday after Morgan Stanley and others reported better-than-expected earnings and Federal Reserve Chairman Ben Bernanke's comments further reassured markets. The S&P; financial index climbed 1.3 percent. Of the 21 financial companies that have reported quarterly earnings so far, 76 percent have surpassed analysts' estimates, Thomson Reuters data showed. Both the Dow and the S&P; 500 also hit all-time intraday highs shortly after the opening bell. The Dow climbed as high as 15,589.40, while the S&P; 500 set a record session high of 1,693.12. Bernanke, speaking before the Senate Banking Committee, reiterated comments he...

Background: Kotak Mahindra Bank is one of the leading Private Sector Banks with a strong presence in Capital market related segments. Kotak Mahindra started business in the mid-1980s as a bill discounting company. Since then, it has entered various financial services businesses, such as securities, investment banking, life insurance, asset management, and banking, and it has become one of the leading players in capital markets in India. Kotak obtained its banking license in 2002. It has over 437 branches (target 500 branches in CY13) and less than a 1% share of system loans. Mr Uday Kotak, the major shareholder, and...