January 20, 2024 / 03:01 PM IST
Kotak Mahindra Bank Q3 results: Top highlights from the earnings report
-KotakMahindra Bank’s net profit for the quarter grew to Rs 3,005crore, 7.6 percent up from Rs 2,792crorein the corresponding quarter last year. -The bank’s asset quality improved during the October-December period with gross non-performing assets (NPAs) at 1.73 percent, down from 1.91 percent from the year-ago quarter. Net NPA came in at 0.34 percent against 0.48 percent. -The bank said that it has made a provision of Rs 143croreon itsAIFinvestments. “The bank…
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