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.
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 ...
Kotak Mahindra Bank's second quarter faced several challenges, including the Reserve Bank India's embargo and a weak ...
Kotak Mahindra Bank reported a 5% increase in standalone profit for Q2 ended September 2024, with a total profit of Rs 3,344 ...
On Friday (October 18), shares of Kotak Mahindra Bank Ltd ended at ₹1,869.80, up by ₹5.90, or 0.32% on the BSE.
Kotak Mahindra Bank Ltd. for the second quarter ended September 30, 2024 reported 5% year-on-year growth in net profit at ...
The bank’s net interest income (NII), a key measure of its core operations, grew by 11 per cent year-on-year, totalling ...
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, Wipro, JSW Steel and Dodla Dairy are other stocks to watch before going into trade on Monday.
Kotak Mahindra Bank Q2 Results . Earlier on Saturday, Kotak Mahindra Bank posted a marginal 5 per cent increase in its ...