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Kotak Bank reports muted Q2 earnings
The Morning Standard
|October 20, 2024
THE rising stress in the personal loans, credit card and microfinance portfolios roiled the earnings for Kotak Mahindra Bank for Q2FY25.
The fourth-largest private sector lender reported a muted set of numbers with net income inching up a meager 4.8% to ₹3,344 crore in the quarter. The numbers missed the Street view as brokerages were expecting it re
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