Kotak Mahindra Bank's Q2 FY25 net profit missed Street expectations, but net interest income surpassed estimates. The bank said its Gross Non Performing Assets also shrunk year-on-year.
Capital Adequacy Ratio: 22.6% at group level. Return on Equity (ROE): 13.88%. Return on Assets (ROA): 2.53%. Bank's Profit After Tax: INR 3,344 crores, 5% YoY growth.
Weaker loan growth, higher slippages, shrinking margins, and the RBI's restrictions on its digital banking operations impacted the bank’s Q2 performance, with brokerages warning that these challenges ...