Decoding Kotak Mahindra Bank Q1 Results
  • WebDesk BTVI
  • Jul 23 2019

Kotak Mahindra Bank posted mixed June quarter numbers, with the standalone profit growing by 32.7 per cent year-on-year to Rs 1,360.2 crore. The growth was largely driven by lower provisions and higher net interest income. Net interest income during Q1FY20 increased 22.8 per cent to Rs Rs 4,159.1 crore, with a loan growth of 18 per cent.