BusinessPhoto: Mint MarketsKotak Mahindra Bank Q2 Profit Rises 26% to ₹5,645 Crore
Kotak Mahindra Bank reported a 26% year-on-year rise in consolidated profit for the September quarter, reaching ₹5,645 crore. Standalone profit increased by 29%, and net interest income grew 16%. However, margins narrowed due to FCNR(B) funding. Brokerages maintained Buy ratings, highlighting growth prospects and potential margin recovery.
Mint Markets·



