मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Kotak Bank Q2 profit falls 3% on higher provisioning
The New Indian Express
|October 26, 2025
PRIVATE sector lender Kotak Mahindra Bank on Saturday reported a 2.7% year-on-year fall in its standalone net profit at ₹3,253 crore in the September quarter due to a massive spike of 43.5% in provisions.
However, the bank's net interest income (NII) grew and also saw jump in net advances by 16%.
The bank said that its provisions for bad loans and fresh slippages soared 43.5% to ₹947 crore from a low ₹660 crore a year ago, while fresh slippages jumped to 1,629 crore from 1,812 crore but recoveries and upgrades were lower ₹688 crore. The key profitability metric net interest margin fell to 4.54% from 4.65%, the bank said on Saturday in its exchange filing.
Similarly, it said the cost of funds stood at 4.70% and did not offer the comparative number.
यह कहानी The New Indian Express के October 26, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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