Kotak Mahindra Bank Q3 profit up 39 percent, asset quality improves
Wednesday, January 25, 2017, 5:35 PM
Largest private sector lender Kotak Mahindra Bank on Wednesday announced its profit on standalone basis up by 38.6 percent year-on-year to Rs. 880 crore in October-December quarter. The net interest income during the quarter grew by 16.1 percent to Rs. 2,050.3 crore year-on-year, with loan growth of 12 percent (2.6 percent QoQ) at Rs. 1.29 lakh crore.