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Kotak Bank profit falls on provisions for NPAs
The Morning Standard
|July 27, 2025
KOTAK Mahindra Bank on Saturday reported a 7% decline in net income for the June quarter at ₹3,282 crore, weighed down by a more than doubling of provisions for bad loans.
KOTAK Mahindra Bank on Saturday reported a 7% decline in net income for the June quarter at ₹3,282 crore, weighed down by a more than doubling of provisions for bad loans. The bank said it will be cautious on retail commercial vehicles and SME lendings. The lender resumed microfinance lending following a period of high stress.
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