Kotak Mahindra Bank’s net profit increased by 4.8% YoY to Rs 3,344 crore in Q2FY25 but decreased by 5% QoQ due to a one-time gain in the previous quarter. Gross deposits increased by 15.1% YoY, while gross advances grew by 17.4% YoY. Provisions rose to Rs 660 crore from Rs 366 crore YoY.
Related Posts
Bandhan Life partners with Bandhan bank to boost insurance business, eyes Rs 300 crore premium in first year
Bandhan Life Insurance has formed a strategic partnership with Bandhan Bank to distribute life insurance products through its 1,700 branches. The company aims to partner […]