Name: Latest research reports of Kotak Mahindra Bank Ltd. authored by Sharekhan and published by - Trendlyne research reports.
Item: Kotak Mahindra Bank Ltd.
Rating: 5
Author: Sharekhan

Mixed Q1; Core operational performance & deposit growth weak

Buy: Kotak Mahindra Bank Ltd.

Target

Sharekhan

Kotak Mahindra Bank (KMB) reported mixed performance in Q1FY25. Net interest income (NII) at
Rs. 6,842 crore, lagged estimates, but grew by 10% y-o-y/ down 1% q-o-q.