Shares of India's Kotak Mahindra Bank and RBL Bank slumped on Monday as the lenders reported a jump in bad loans that hurt ...
India's Kotak Mahindra Bank on Saturday reported a lower-than-expected 5% increase in July-September profit on higher loan ...
Kotak Mahindra Bank shares plunged nearly 7% on Monday after its September quarter earnings disappointed investors. The stock ...
Kotak Mahindra Bank's second quarter faced several challenges, including the Reserve Bank India's embargo and a weak ...
Last week, Kotak Mahindra Bank entered into an agreement to acquire Standard Chartered Bank's personal loan book in India for ...
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'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.
Despite higher provisions, the bank's net interest income rose 11% to Rs 7,020 crore. Meanwhile, provisions for the quarter ...
Kotak Mahindra Bank shares dropped 7.2% to ₹1,735 after disappointing quarterly results. Analysts downgraded the target price ...
Leading private lenders- HDFC Bank and Kotak Mahindra Bank- reported their results for the September 2024 quarter and both ...
Kotak Mahindra Bank reported a 5% increase in standalone profit for Q2 ended September 2024, with a total profit of Rs 3,344 ...