Kotak Mahindra Bank (KMB) has reported a healthy performance in 1QFY18 as its both standalone and consolidated net profit recorded a healthy growth. Its standalone PAT grew by 23.1% YoY (-6.5% QoQ) to Rs9.1bn on the back of healthy growth in customer assets (+19.8% YoY & +6.1% QoQ), best-in-class NIMs (4.5%) and strong growth in core fee income (+42.7% YoY & +6.3% QoQ). Further, the Bank's consolidated PAT surged by 26.2% YoY (-4.1% QoQ) to Rs13.5bn backed by strong bottom line growth recorded by Kotak Securities (+108.3% YoY and +3.3% QoQ to Rs600mn), Kotak Life (+45.1% YoY and +2% QoQ to Rs710mn) and Kotak Prime (+10% YoY & -0.8% QoQ to Rs1.2bn). Customer assets growth was aided by 35.3% YoY and 5.7% QoQ growth...