BANKING & FINANCE
Kotak Mahindra Bank Net Rises 29% To ₹4,212 Cr In September Quarter
Private sector lender Kotak Mahindra Bank reported a 29% year-on-year increase in standalone net profit to ₹4,212 crore for the September quarter, compared with ₹3,253 crore in the corresponding period last year. Net interest income (NII) rose 16% to ₹8,459 crore from ₹7,311 crore, while net advances increased 25% to ₹5,77,295 crore from ₹4,62,688 crore. […]
