Kotak Bank Profit Rises 4.2% in Q3, Below Estimates
Strong loan growth and decreased provisions set aside for possible bad loans on a sequential basis helped India’s Kotak Mahindra Bank announce an increase in third-quarter profit on Saturday. Q3 Profit Performance of Kotak Mahindra Bank For the three months ending in December, standalone net profit increased 4.2% to 34.46 billion rupees ($376 million), according … Read more