Kotak Mahindra Bank is a diversified financial services group providing a wide range of banking and financial services including Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory services, Asset Management, Life Insurance and General Insurance. Financial Results: Kotak Mahindra Bank Ltd reported Revenues for Q2FY24 of ₹13,717.00 Crores up from […]
Key highlights from Kotak Mahindra Bank Ltd (KOTAKBANK) Q2 FY24 Earnings Concall Q2 Results Net profit increased 24% year-over-year to INR4,461 crores. NIM decreased to 5.22% from 5.34% last quarter due to certain one-offs of about 14-15 bps. Advances grew 21% year-over-year; growth seen across most retail segments. Asset quality improved with GNPA ratio declining […]
Kotak Mahindra Bank is a diversified financial services group providing a wide range of banking and financial services including Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory services, Asset Management, Life Insurance and General Insurance. Financial Results: Kotak Mahindra Bank Ltd reported Revenues for Q1FY24 of ₹12,869.00 Crores up from […]
Key highlights from Kotak Mahindra Bank Ltd (KOTAKBANK) Q2 FY23 Earnings Concall Q&A Highlights: [00:38:49] Manish Shukla of Axis Capital asked about credit substitutes growing and its nature in terms of duration. K.V.S. Manian Whole-Time Director said the bank this year has built a relatively less than 1 year kind of tenure instruments. So KOTAKBANK […]
Kotak Mahindra Bank Ltd.‘s Net Interest Income for Q2 FY23 has increased by 27% YoY to ₹ 5,099 crores. Profit After Tax rose by 27% YoY to ₹ 2,581 crores. Operating Expenditure grew by 28% YoY for Q2 FY 2023. Net Non Performing Assets (NNPA) fell to 0.55%. In this quarter’s investor presentation, it is evident […]
Kotak Mahindra Bank Ltd (NSE:KOTAKBANK) Q2 FY23 Earnings Concall dated Oct. 22, 2022 Corporate Participants: Uday Kotak — Managing Director and Chief Executive Officer Jaimin Bhatt — President and Group Chief Financial Officer K.V.S. Manian — Whole-Time Director Shanti Ekambaram — President – Consumer Banking Virat Diwanji — President – Retail Liabilities and Branch Banking […]
Kotak Mahindra Bank Ltd (NSE:KOTAKBANK) Q1 FY23 Earnings Concall dated Jul. 23, 2022 Corporate Participants: Uday Kotak — Managing Director & Chief Executive Officer Jaimin Bhatt — Group President & Chief Financial Officer KVS Manian — Whole-Time Director Devarajan Kannan — Group President, Commerical Banking Shanti Ekambaram — Group President, Consumer Banking Dipak Gupta — […]
Kotak Mahindra Bank Ltd (NSE:KOTAKBANK) Q4 FY22 Earnings Concall dated May. 04, 2022 Corporate Participants: Uday Suresh Kotak — MD, Chief Executive Officer, Member of Executive Board & Director Jaimin Mukund Bhatt — Group President, Group Chief Financial Officer and Member of Executive Board K.V.S. Manian — Whole-time Director & Group President, Corporate, Institutional, Investment Banking […]
Key highlights from Kotak Mahindra Bank Ltd (KOTAKBANK) Q4 FY22 Earnings Concall Management Update: KOTAKBANK said that the bank is now seeing a sharp drop in the slippage ratio in terms of the new bad loans. For 4Q22, the slippage on an annualized basis is down to 1.08%, which in absolute numbers is INR736 crores […]
Key highlights from Kotak Mahindra Bank Ltd (KOTAKBANK) Q3 FY22 Earnings Concall Management Update: On the mix of company’s consolidated profits, the bank contributed 63% of Q3 FY22 consolidated profits, and the bank is looking forward to a broad continuing performance of its overall consolidated profits. KOTAKBANK added 21 lakh customers in Q322, versus […]