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Kotak Mahindra Bank Q2 Results: Net Profit Up 5% YoY To Rs 3,344 Cr; NII Surged 11%
Kotak Mahindra Bank reported a net profit of Rs 3,344 crore in Q2FY25, up 5% YoY growth from Rs 3,191 crore in Q2FY24. Net interest income (NII) increased 11% YoY in Q2FY25 from Rs 6,297 crore to Rs 7,
Kotak Bank Q2 Result: Net profit rises 4.8% as provisions increase sharply
The bank’s net interest income (NII), a key measure of its core operations, grew by 11 per cent year-on-year, totalling ₹7,020 crore.
Kotak Mahindra Bank Q2 FY 2024-25 Results: Net Profit grows 13% to Rs 5,044 cr, NII up 19.8%
India's third largest private lender Kotak Mahindra Bank reported a consolidated net profit of Rs 5,044.05 crore for the quarter ended September 30, 2024, up 13.06 per cent against previous year's Rs 4,
Kotak Mahindra Bank Q2 results preview: Net profit expected to rise 10%
Business momentum will be a focus, particularly regarding deposit and loan growth rates. The movement in net interest margin (NIM) will serve as a crucial indicator of profitability.
Axis Bank Q2 Profit Rises
Indian bank Axis Bank Limited Thursday reported second-quarter profit of 6,918 crore rupees or 88.20 rupees per share, compared to
India's Axis Bank posts Q2 profit beat; margins shrink
The country's fourth-largest private lender by market capitalisation said its standalone net profit - which excludes its subsidiaries - rose 18% to 69.18 billion rupees ($823.25 million) for the quarter ended Sept.
India's Axis Bank posts Q2 profit beat on strong credit demand
India's Axis Bank reported a higher-than-expected second-quarter profit on Thursday, helped by an increase in core lending income. The country's fourth-largest private lender by market value said its standalone net profit,
Axis Bank net income up 18% to Rs 6,918 crore in Q2 of FY25
MUMBAI: The third largest private sector lender Axis Bank has reported an 18 percent on-year growth in net income at Rs 6,917.57 crore for the September quarter, driven by higher interest income as its loan sales rose which pushed its net interest income by a healthy 10 percent.
India's Axis Bank posts Q2 profit rise
India's Axis Bank reported an 18% year-on-year rise in second-quarter profit on Thursday, helped by higher core lending income on the back of strong credit demand.
Tata Communications Q2 Results: Conso Profit Rises 3%, Data revenue up 21%
Central Bank of India Q2 profit surges 51% to Rs 913 crore
State-owned Central Bank of India on Thursday posted a 51 per cent jump in profit at Rs 913 crore in the second quarter ended September 2024. The lender had earned a net profit of Rs 605 crore in the same quarter a year ago.
20h
on MSN
StanChart sells India personal loan business to Kotak Mahindra Bank
Kotak Mahindra Bank will buy Standard Chartered Bank's personal loan business in India, the Indian lender said on Friday, ...
devdiscourse
16h
Kotak Mahindra Bank's Strategic Acquisition: A Move Towards Transformative Growth
Kotak Mahindra Bank announced its acquisition of Standard Chartered Bank's Rs 4,100-crore personal loan portfolio, a ...
19h
on MSN
Kotak Mahindra Bank to acquire personal loan book of Standard Chartered
As of September 30, Standard Chartered's personal loan book in India had an outstanding balance of Rs 4,100 crore ($488 ...
Mint
3h
Q2 Results Today: HDFC Bank, RBL Bank, Kotak Mahindra Bank, 19 others to declare Q2 results 2024 on Saturday — Oct 19
Q2 Results Today: Several prominent companies, including HDFC
Bank
Ltd,
Kotak
Mahindra
Bank
Ltd, Tech
Mahindra
Ltd, ...
devdiscourse
15h
Kotak Mahindra Bank to Acquire Standard Chartered's Loan Portfolio
Kotak Mahindra Bank announced its acquisition of Standard Chartered Bank's Rs 4,100-crore personal loan portfolio. This ...
22h
Kotak Mahindra Bank Q2 preview: NII may increase 10% to Rs 6,977 crore
The lender's growth outlook, especially on the trajectory of unsecured book, will be key to watch, say analysts ...
13h
Kotak Mahindra Bank to buy Rs 4.1K cr India personal loan book of StanC
This deal marks the second significant transaction between an Indian private sector bank and a foreign bank in recent years ...
Forbes India
7h
Kotak Mahindra Bank acquires Standard Chartered India's personal loan book
Kotak
Mahindra
Bank
, which has an ambition to become India’s third largest private sector
bank
in terms of profit, on ...
1d
Indian Banks’ Margins Hurt by Elusive Deposits as Rate Cuts Appear Distant
Indian banks’ rising credit costs and their struggle to attract customer deposits to mitigate this will continue to dominate ...
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