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Kotak Mahindra Bank Muted Q2 Results
India Kotak Mahindra Bank's quarterly profit misses estimates on higher provisions
India's Kotak Mahindra Bank on Saturday reported a lower-than-expected 5% increase in July-September profit on higher loan provisions while lending margins shrank. The private lender's standalone net profit,
Kotak Mahindra Bank Q2 Result: Net profit rises 4.8% despite sharp rise in provisions
The bank’s net interest income (NII), a key measure of its core operations, grew by 11 per cent year-on-year, totalling ₹7,020 crore.
Kotak Mahindra Bank Q2 results: Net profit rises 5% to Rs 3,344 crore, misses market estimates
Kotak Mahindra Bank's Q2 FY25 net profit missed Street expectations, but net interest income surpassed estimates. The bank said its Gross Non Performing Assets also shrunk year-on-year.
19h
Kotak Mahindra Bank eyes tractor demand revival in H2 despite flat growth in H1
The bank's micro-credit segment fell by 4 percent in Q2FY25 and is expected to slowdown in the current quarter as well, said Ekambaram.
2d
Indian Banks’ Margins Hurt by Elusive Deposits as Rate Cuts Appear Distant
Indian banks’ rising credit costs and their struggle to attract customer deposits to mitigate this will continue to dominate ...
2d
on MSN
Maggi or Dairy Milk? Jay Kotak Reveals His Go-To 2 AM Snack Cravings
In the first-ever TV interview, Uday Kotak's son Jay Kotak shared his late-night cravings, family dialogues, and thoughts on ...
20h
Kotak Mahindra Bank’s NIM shrinks in Q2, as lender says secured loan book grew, IPO funds added pressure
The proportion of Kotak Mahindra Bank's unsecured loans -- personal loans and unsecured loans, which typically carry higher yields, declined during the quarter, while the secured loan book grew ...
4d
Kotak Mahindra Bank’s aim to be 3rd largest private lender exposes it to significant M&A risk: Bernstein
Kotak Mahindra Bank, aiming to be Indias third largest private sector lender by 2030, faces significant M&A risks and ...
ET Now on MSN
3d
'Sad answer probably but...' - Jay Kotak reveals his 2AM friend - Spills the beans on dinner talk at Kotak household | WATCH | ET NOW EXCLUSIVE
Head at Kotak811, spoke to Anisha Jain in his first ever TV interview under Emerging Titans show on ET NOW. Jay Kotak, the ...
2d
Kotak Bank cuts savings rate by 50 bps to 3% on sub-Rs 5 lakh account balance
Earlier, Kotak Mahindra Bank offered two slabs for savings account interest rates, with 3.5% for balances below Rs 50 lakh ...
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