Shares of India's Kotak Mahindra Bank and RBL Bank slumped on Monday as the lenders reported a jump in bad loans that hurt ...
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 increased 11% YoY to Rs 7,020 crore, from Rs 6,297 crore in the corresponding ...
Last week, Kotak Mahindra Bank entered into an agreement to acquire Standard Chartered Bank's personal loan book in India for ...
Kotak Mahindra Bank's second quarter faced several challenges, including the Reserve Bank India's embargo and a weak ...
Kotak Mahindra Bank shares fell nearly 7% after Q2 earnings disappointed, with a 5% rise in net profit and a market valuation loss of Rs 24,801.79 crore.
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.
Leading private lenders- HDFC Bank and Kotak Mahindra Bank- reported their results for the September 2024 quarter and both ...
Kotak Mahindra Bank shares dropped significantly on Monday, falling by over7% to hit a low of Rs 1,735 in early trade, after ...
The stock plunged 7.21 per cent to hit a day low of Rs 1,735. Nuvama Institutional Equities has suggested a downward target ...
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s ...
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 ...