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Kotak Mahindra, Reserve Bank of India
Kotak Mahindra Bank reports 5% rise in standalone net profit
Despite higher provisions, the bank's net interest income rose 11% to Rs 7,020 crore. Meanwhile, provisions for the quarter were at Rs 660 crore, up 80%.
Kotak Mahindra Bank's Robust Quarterly Growth Amid Challenges
Kotak Mahindra Bank reported a 13% rise in quarterly profit, reaching Rs 5,044 crore, driven by its subsidiaries' performance. While standalone profit grew 5%, provisions limited gains. The bank experienced a rise in unsecured loan slippages,
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,
newsbytesapp.com
11h
Kotak Mahindra Bank's Q2 profit rises 5% to ₹3,344 crore
Kotak Securities reported a PAT of ₹324 crore in Q2, down from ₹400 crore YoY. Its overall market share also dipped slightly ...
7h
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.
1d
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 ...
1d
Kotak Mahindra Bank cuts savings account interest rate by 50 bps: Check details
Kotak Mahindra Bank recently announced a reduction in the interest rates for savings accounts with balances under Rs 5 lakh.
8h
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 ...
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 ...
3d
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 ...
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