Kotak Mahindra Bank Q2 Results: The bank's net interest income (NII) for Q2FY25 rose by 11% year-on-year ...More

Kotak Mahindra Bank Q2 Results: The bank's net interest income (NII) for Q2FY25 rose by 11% year-on-year to Rs 7,020 crore, up from Rs 6,297 crore in the same quarter last year. Its net interest margin (NIM) stood at 4.91% for Q2, down from 5.22% in Q2FY24. As of September, the gross non-performing assets (GNPA) increased to 1.49% from 1.72% year-on-year, while net NPA rose to 0.43% from 0.37%. On a consolidated level, Kotak's PAT rose 13% YoY to Rs 5,044 crore. The total assets under management as of September-end were Rs 680,838 crore up 37% YoY over Rs 498,342 crore in Q2 of FY24. ...Less

Kotak Mahindra Bank Q2 Preview: The profit for the second quarter is expected to grow anywhere between 17 ...More

Kotak Mahindra Bank Q2 Preview: The profit for the second quarter is expected to grow anywhere between 17-19% YoY, according to an average estimate of five brokerages. NII growth for the same period is seen up to 24% YoY. ...Less

Kotak Mahindra Bank reported a 5% increase in standalone profit to Rs 3,344 crore for the quarter ended S ...More

Kotak Mahindra Bank reported a 5% increase in standalone profit to Rs 3,344 crore for the quarter ended September 2024, driven by an 11% growth in net interest income. However, rising NPAs and a slowdown in consumer loans pressured margins and increased provisions. ...Less

Kotak Mahindra Bank Q2 Results: The private lender's net interest income (NII) stood at Rs 6,620 crore fo ...More

Kotak Mahindra Bank Q2 Results: The private lender's net interest income (NII) stood at Rs 6,620 crore for July-September 2022 period. This was about 24% higher than NIIs of Rs 5,353 crore in the year-ago period. ...Less

The bank said its average savings deposits grew 20 per cent YoY to Rs 80,425 crore. ...More

The bank said its average savings deposits grew 20 per cent YoY to Rs 80,425 crore. ...Less

Net interest margin (NIM) for the quarter expanded to 4.61 per cent from 4.19 per cent in the year-ago qu ...More

Net interest margin (NIM) for the quarter expanded to 4.61 per cent from 4.19 per cent in the year-ago quarter. ...Less

Kotak Mahindra Bank shares fell over 4% as net interest margins declined and asset quality worsened. Brok ...More

Kotak Mahindra Bank shares fell over 4% as net interest margins declined and asset quality worsened. Brokerages cut earnings estimates and target prices, citing rising NPAs and slower growth. ...Less