đź’¨ Abstract
India's Kotak Mahindra Bank reported a 10% increase in Q4 profit, driven by loan growth, but provisions for bad loans surged. Net profit was 33.05 billion rupees, in line with estimates. Net interest income rose 10% to 71.96 billion rupees, but the net interest margin shrank. Kotak's loans and deposits both increased by 15-16%.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
Chandigarh admin cancels leaves of employees amid Indo-Pak conflict
Two-day Delhi Assembly session from May 13
Always expected show like 'Suits LA' will come with some pressure: Bryan Greenberg
UP: Emergency khap panchayat on May 10 to discuss post-Operation Sindoor developments
Chopra, Rohit, Kohli back Indian armed forces amid escalating conflict with Pakistan
PM Modi dials Gujarat CM, inquires about state's preparedness and safety measures
Alt DRX Raises $2.7 Million in Pre-Series A Round, Backed by Global Investors
PM hails Maharana Pratap on his birth anniversary
TRAI for 4 pc annual revenue plus Rs 500 as spectrum fee for satcom operators
Bengal: Many private schools declare early summer vacations from May 9 after Mamata’s plea
Powered by MessengerX.io