The bank had posted net profit of Rs 2,184 crore in the same quarter of the previous fiscal year.
Total income during July September period of 202122. however, grew to Rs 8,408.87 crore, as against Rs 8,252.71 crore in same period of 2020-21, Kotak Mahindra Bank said in a regulatory filing.
Net interest income for Q2FY22 increased to Rs 4,021 crore from Rs 3,897 crore in Q2FY21, up 3%. Net interest margin for the quarter was at 4.45%.
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SIX LIVES SNUFFED OUT IN FIRE
Barely three months after the fire in a 60-storey building, Avighna Park in Parel, another major fire in a 20storey residential building in Tardeo has rattled the city, snuffing out six lives and injuring 24 others.
Russia toughens stance on Ukraine
Has further upped the ante by announcing more military drills in the region
Priyanka-Nick announce arrival of baby girl
The power couple shared the news of welcoming their first child via surrogacy through a post on social media
No more roadblocks for Chikhaldara Skywalk
At 407 mt, Chikhaldara’s skywalk made of glass and chequered steel plates would be the longest in the country; being developed by Cidco at a cost of Rs 34.34 cr
Shah visits Kairana
Amit Shah receives a flower from a child during his door-to-door campaign.
Goodbye, Grandpa of Bengali comics!
At a time when the “onslaught”of Tom and Jerry, MickeyMouse, Lee Falk’s Phantom and Flash Gordon comic strips was heavily felt and was an integral part of newspapers, especially in the ’60s, Narayan Debnath, who passed away earlier this week at the ripe age of 97, was a rare combo of longevity and genius.
GOING SOUTH IN SOUTH AFRICA
India's efforts to beat Proteas in their home began with promise before going awry in whimper
Biden and Japanese PM agree to counter China
Japan's PM Fumio Kishida (R) talks with US President Joe Biden at a virtual summit from prime minister's office in Tokyo on Friday.
Australian Open: Medvedev, Halep enter fourth round
Daniil Medvedev reached the fourth round for the fourth straight year at Melbourne Park with a 6-4, 6-4, 6-2 win over Botic van de Zandschulp.
62% OF PARENTS OPPOSE SCHOOL REOPENING
LocalCircles survey states 16% of parents across Maharashtra are already sending kids to schools; another 11% will send kids for in-person classes