Kotak Mahindra Bank’s Q2 Earnings Are Largely In Line With Expectations | Business | Q2 Earnings #ETNOW
Kotak Mahindra Bank’s Q2 Earnings Are Largely In Line With Expectations | Business | Q2 Earnings
Kotak Mahindra Bank’s Q2 Earnings Are Largely In Line With Expectations | Business | Q2 Earnings
Net profit came in at ₹3,253 crore, down 2.7% YoY, while NIM slipped to 4.54% from 4.65%.
On the brighter side, asset quality improved, with GNPA at 1.39% and provisions down 21.6% sequentially. CASA ratio rose to 42.3%, and cost of funds reduced.
ET NOW’s Snehi Shah breaks down the fine print — from credit cost trends to loan growth momentum — and what this means for Kotak’s Q3 outlook and investor sentiment.
#kotakbank #q2results #earningsupdate #bankingnews #etnow #snehishah #marketanalysis
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