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Kotak Mahindra Bank net profit rises 6 75 pc to Rs 4,265 cr in Q3

Kotak Mahindra Bank on Saturday reported a 6.75 per cent growth in consolidated net profit to Rs 4,264.78 crore in the December quarter. The lender had reported a consolidated net profit of Rs 3,995.05 crore in the year-ago period. On a standalone basis, the private sector lender s profit after

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Kotak Mahindra Bank Q3 results: Top 4 highlights from the earnings report

According to Motilal Oswal Financial Services, asset quality was expected to improve to 1.63 percent and Net NPA at 0.34 percent but the reported numbers missed expectations.

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Kotak Mahindra Bank Q3 Results: Profit rises 6 8% to Rs 4,264 78 crore, asset quality healthy

Kotak Mahindra Bank Q3 Results: Profit rises 6 8% to Rs 4,264 78 crore, asset quality healthy
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Banks facing challenges in raising low cost deposits as people seek better returns

Indians traditionally have been savers and parking money in bank deposits has been among the top go to avenues. But, that seems to be changing with people chasing better returns and turning to investing in equity markets and mutual funds among other things, which perhaps is making it harder for banks to get in more deposits

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Kotak Mahindra Bank Q3 preview: Net profit to rise 16%, margin contraction to continue

This will be Kotak Bank s first quarterly results announcement with Ashok Vaswani at the helm. The veteran banker Ashok Vaswani assumed charge as the managing director and chief executive officer of the bank on January 1, 2024.

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