2158.6000 -5.60 (-0.26%)
NSE Dec 29, 2025 15:31 PM
Volume: 971.8K
 

2158.60
-0.26%
Motilal Oswal
Margin contracted another 13bp QoQ to 4.2%, while fee growth stood at a healthy 14% YoY. CASA deposits grew 34% YoY to INR843.9b, of which SA deposits grew 52% YoY (+9% QoQ). However, the CASA ratio declined 110bp QoQ (+470bp YoY) to 46.7%. Absolute GNPA declined 2.6% QoQ, while the GNPL ratio improved by 16bpQoQ to 2.31%. PCR (cal.) improved by 419bp QoQ to 53.9%. Restructured loans stood stable at INR670m (4bp), while SMA2 accounts increased to19bp of loans (INR3.08b) v/s 16bp in the previous quarter. Loans grew 23% YoY (+4% QoQ), while deposits increased 21% YoY (+9%QoQ). KMB guided for 20%+ loan growth, as it sees improving trends in the micro environment. Share of core deposits (CASA+less than INR50m retail TD) stood at 75% (77% in 2QFY18)
Kotak Mahindra Bank .. has an average target of 2428.83 from 12 brokers.
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