India's Kotak Mahindra Bank, RBL Bank slump
India's Kotak Mahindra Bank, RBL Bank slump as loan stress hurts Q2 earnings
Shares of India's Kotak Mahindra Bank and RBL Bank slumped on Monday as the lenders reported a jump in bad loans that hurt their second-quarter profit and margins, a trend that could continue for a few more quarters.
Kotak Mahindra Bank Share Price Falls As Provisions Rise In Q2 Amid NPA Uptick
Last week, Kotak Mahindra Bank entered into an agreement to acquire Standard Chartered Bank's personal loan book in India for Rs 4,100 crore. The country's fourth-largest private lender aims to strengthen its position in the retail credit market.
Explained: Why HDFC Bank outshines Axis and Kotak Mahindra Bank in Q2FY25
HDFC Bank’s Q2FY25 earnings have set it apart from its peers in the Indian banking sector, underscoring the strength of its asset quality and strategic foresight. Its cautious approach over the past several quarters has yielded significant results,
Kotak Mahindra Bank Shares Tumble Amid Mixed Earnings Report
Kotak Mahindra Bank's shares fell nearly 5% after its latest quarterly earnings failed to impress investors. Despite a 13% growth in profit, market valuation took a hit, dragging related indices down.
Kotak Mahindra Bank shares dive 7% as Q2 earnings disappoint, analysts cut target price
Kotak Mahindra Bank shares dropped 7.2% to ₹1,735 after disappointing quarterly results. Analysts downgraded the target price on the stock amid concerns over unsecured portfolio stress and declining margins.
Kotak Mahindra Bank analysts remain divided on the road ahead after weak Q2 performance
Kotak Mahindra Bank's second quarter faced several challenges, including the Reserve Bank India's embargo and a weak macroeconomic environment.
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 Shares Plummet
Kotak's net NPA increased to 0.43% from 0.37% YoY at September's end, while its GNPA increased to 1.49% from 1.72% YoY.
Kotak Mahindra Bank top Nifty loser as Q2 results disappoint Street, RBI embargo may weigh outlook
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 Earnings: Muted Result, What Led To Weak Performance? | Management View
Kotak Mahindra Bank's Q2 earnings result was muted, leading to weak performance. According to Devang Gheewalla of Kotak Bank Ltd, the acquisition of Standard Chartered will help aid net interest margins (NIMs).
Accumulate Kotak Mahindra Bank; target of Rs 2025: KR Choksey
KR Choksey recommended accumulate rating on Kotak Mahindra Bank with a target price of Rs 2025 in its research report dated October 21, 2024.
Stocks to Watch: Tech Mahindra, HDFC Bank, Kotak Bank, Jio Financial, and more
JM Financial received a positive update from the Reserve Bank of India (RBI), which lifted restrictions placed on its ...
Indian shares set to open higher; Street reaction to key earnings eyed
Indian shares are set to open marginally higher on Monday, with market reaction to the earnings of top private lender HDFC ...
Brokerage Radar: Bernstein has 'outperform' call on HDFC Bank, Jefferies has 'hold' rating on Kotak Mahindra
Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes HDFC Bank, Kotak Mahindra Bank, Tech Mahindra and more.
Bank Nifty’s rebound: A signal for market outperformance?
HDFC Bank, ICICI Bank, and Axis Bank lead the charge as traders turn bullish on Bank Nifty, eyeing a sustained rally.
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Marketbuzz Podcast with Kanishka Sarkar: Muted opening likely, HDFC Bank, Tech Mahindra to react to Q2 results
After recording its third consecutive weekly loss, the market is likely to make a muted start with stocks like Tech Mahindra, ...
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Kotak Mahindra Bank Q2: Profit Climbs 5 Per Cent As Lender's Asset Quality Improves
The bank logged a profit of Rs 3,344 crore in the July-September quarter in the 2024-25 fiscal year (FY25), against Rs 3,191 ...