Bank disbursed Rs. ~9,700cr under Emergency credit line guarantee scheme to date (~5.0-5.5% of the overall utilization of the scheme). In Q3FY21, NII rose by 16.2% YoY to Rs. 5,160cr and NIM stood at 4.58% owing to lower cost of funds this quarter. Collections for secured loans reached pre-COVID levels, while for unsecured it is nearing pre-COVID levels (improving on MoM basis). As the economic activities are coming back on track, Kotak Mahindra Bank should continue to perform well given its lower cost of funds,...