Kotak Mahindra Bank Q2 Results: Standalone profit slips 7%, asset quality improves
In line with D-street’s expectations, India’s third-largest private lender Kotak Mahindra Bank’s profit after tax slumped, while net interest income grew marginally year-on-year basis, however, the asset quality improves sequentially in the second quarter of the financial year 2021-22 (Q2FY22).
Net Interest Margin (NIM) for the quarter on September 30, 2021, stood at 4.45 per cent: PTI