Kotak Mahindra Bank Q2 Profit Rises 26% to Rs 5,645 Crore
Kotak Mahindra Bank reported a 26% increase in consolidated net profit to Rs 5,645 crore for the September quarter of FY27. Standalone profit rose 29% to Rs 4,212 crore. The bank's asset quality improved with a decline in gross non-performing assets. Net interest income grew 16%, and the capital adequacy ratio stood strong at 21.9%, while net interest margin fell to 4.
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