Strong Q1 expected from Kotak Mahindra Bank
  • WebDesk BTVI
  • Jul 22 2019

Kotak Mahindra Bank is expected to post a strong quarter with profit after tax seen going up by almost 34% at Rs 1,369 crore. Net interest income is expected to be up by 22.5% at Rs 3,163 crore vs Rs 2,582.9 crore (YoY). NIMs is seen at 4.4%, while asset quality is expected to be largely stable. The loan book of Kotak Mahindra Bank is also expected to see a growth of over 20%, while gross NPA is pegged at around 2.1%.