Kotak Mahindra Bank Q3 Results: The lender s Net interest income, the difference between interest earned and interest expended, rose nearly 16% YoY to Rs 6,553.52 crore. The moderate growth in the bottomline was partially due to a sharp jump in the provisions during the quarter under review.
The bank garnered a standalone net profit of ₹2,791.88 crore in Q3 of the current fiscal FY23 compared to ₹2,131 .36 crore a year ago same quarter, registering a growth of a whopping 30.99% year-on-year.