Kotak Bank West Bengal IFSC code, MICR code, Address
Kotak Bank branch details in West Bengal
Last Updated 19th Jan 2017
Kotak Bank has 14 branches in West Bengal spread over 4 districts of Alipurduar, Bankura, Bardhaman, Birbhum, Coochbehar, Dakshin Dinajpur, Darjeeling, East Midnapore, Hooghly, Howrah, Jalpaiguri, Kolkata, Malda, Murshidabad, Nadia, North 24 Parganas, Purulia, Siliguri, South 24 Parganas, Uttar Dinajpur, West Medinipur.
Kolkata district, with 11 branches has the largest number of Kotak Bank branches in West Bengal
District wise distribution of Kotak Bank branches in West Bengal is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
17th Jan 17 Kotak Mahindra Bank acquires 19.9 percent stake in Airtel M Commerce Services
Kotak Mahindra Bank Limited has bought a 19.9 percent stake in Airtel M Commerce Services Limited for Rs. 98.38 crore to set up payments bank. AMSL provides electronic payment services to the customers under the Airtel Money brand name.
17th Jan 17 Gold demand in India tumbled by 24 percent 2016, lowest in seven year
Kotak Mahindra Bank in its report has highlighted a decline of 24 percent in gold demand during 2016. Gold demand in India in 2016 was approx 750 metric tons as compared to 858 tons in 2015. The report presents a cautious outlook on the future demand of gold on global bullion and expects a further decline in gold demand to 400 metric tons in 2017 as compared to 575 tons in 2016.
13th Jan 17 Kotak Mahindra Bank reduces savings account deposit rates
Kotak Mahindra Bank has reduced its saving account deposit rates for deposits above Rs. 5 crores to 5.5 percent as compared to 6 percent earlier. The revised saving account deposit rate for deposits up to Rs. 1 lakh now stands at 5 percent. The rates are effective from 6th January, 2017.
07th Jan 17 Kotak Mahindra Bank cuts base rate to 9.30 percent
Kotak Mahindra Bank has reduced its base rate by 10 basis points to 9.30 percent as compared to 9.40 percent earlier. The rate is effective from 6th January, 2017.
02nd Jan 17 Kotak Mahindra Bank reduces MCLR rate by up to 45 basis points
Kotak Mahindra Bank has reduced its overnight and six months marginal cost of lending rates to 8.20 and 8.65 percent respectively. The revised MCLR for one year now stands at 9.20 percent. The bank has reduced its two and three year MCLR by 25 basis points to 9 percent as compared to 9.25 percent earlier. The new rates are effective from 1st January, 2017.
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