Kotak Mahindra Bank's profit increase 5% in Q2 FY25
1 day ago · Kotak Mahindra Bank reported a 5% increase in standalone profit for Q2 ended September 2024, with a total profit of Rs 3,344 crore. The bank's total income rose to Rs 15,900 crore, with NII ...
Kotak Mahindra Bank says ‘actively working’ on RBI directive …
1 day ago · Kotak Mahindra Bank said that 30-40% of total slippages in Q2 FY25 came from the credit card portfolio, which is being closely monitored . Shaleen Agrawal October 19, 2024 / 19:09 IST
Kotak Mahindra Bank Q2 results: Net profit rises 5% to Rs 3,344 …
2 days ago · Kotak Mahindra Bank, on October 19 reported a net profit of Rs 3,344 crore, up 4.8 percent in the second quarter of fiscal year 2025. Net interest income, or core income stood at Rs 7,019.3 crore ...
Kotak Mahindra Bank Q2 Results: Net Profit Rises 4.8% to Rs
2 days ago · Kotak Mahindra Bank Q2 Results: Kotak Mahindra Bank on Saturday reported a 4.8 per cent year-on-year rise in its standalone profit after tax (PAT) to Rs 3,344 crore for the second quarter ended September 2024. Its net interest income (NII) during July-September 2024 increased 11 per cent to Rs 7,020 crore, against Rs 6,297 crore in the year-ago period.
Kotak Mahindra Bank Q2 net profit rises 5% to ₹3,344 crore
1 day ago · Kotak Mahindra Bank Ltd for the second quarter ended September 30, 2024 reported 5% year-on-year growth in net profit at ₹3,344 crore. Net Interest Income (NII) increased to ₹7,020 crore, up ...
Kotak Mahindra Bank improves asset quality in Q2; gross NPA …
1 day ago · Kotak Mahindra Bank’s credit cost during the second quarter increased to 0.65 percent, up from 0.42 percent a year ago. However, on the other hand, the bank's capital adequacy remains robust.
Kotak Mahindra Bank penalised by RBI: What ... - The Economic Times
Apr 24, 2024 · The Reserve Bank of India (RBI) took action against Kotak Mahindra Bank, barring it from onboarding new customers through online and mobile banking channels. The regulator also directed the bank to stop issuing new credit cards.
Why has RBI barred Kotak Mahindra Bank from onboarding new …
Apr 24, 2024 · The Reserve Bank of India (RBI) on Wednesday (April 24) asked Kotak Mahindra Bank to stop onboarding new customers through online and mobile banking channels, and also barred it from issuing fresh credit cards, with immediate effect. As of March-end, Kotak Mahindra Bank has issued 59.54 lakh credit cards. Here is what the RBI said, and the ...
India’s central bank bans Kotak Mahindra from signing up digital …
Apr 24, 2024 · India’s central bank has banned Kotak Mahindra Bank from issuing credit cards or taking on new digital and mobile banking customers, marking the regulator’s latest crackdown on the...
India central bank bars Kotak Mahindra Bank from taking on …
Apr 24, 2024 · India's central bank said on Wednesday it had barred Kotak Mahindra Bank from taking on new customers via its online and mobile banking channels, and from issuing new credit cards, due to...