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.
Kotak Mahindra Bank's second quarter faced several challenges, including the Reserve Bank India's embargo and a weak ...
Mumbai: Private banks continued to see a rise in stress in small-ticket advances including microfinance, credit cards and ...
Weaker loan growth, higher slippages, shrinking margins, and the RBI's restrictions on its digital banking operations impacted the bank’s Q2 performance, with brokerages warning that these challenges ...
Kotak Mahindra Bank Q2 Results . Earlier on Saturday, Kotak Mahindra Bank posted a marginal 5 per cent increase in its ...
The private sector lender reported Q2 profit growth of 5% year-on-year (YoY) to Rs 16,821 crore, which was above Street ...
Kotak Mahindra Bank's Q2 earnings result was muted, leading to weak performance. According to Devang Gheewalla of Kotak Bank ...
Quarterly earnings and global trends are expected to impact market sentiment this week, with notable Q2 results from HDFC ...
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.
At pre–open, the NSE Nifty 50 was trading 0.41% higher at 24,956.15, and the BSE Sensex was 0.67% higher at 81,770.02.
Top private banks experience de-growth in corporate loans due to pricing issues, focusing on higher yielding bonds and SME ...