Kotak Mahindra Bank Ltd.

NSE: KOTAKBANK | BSE: 500247 | ISIN: INE237A01036 | Industry: Banks
| Expensive Performer
423.8000 -3.10 (-0.73%)
NSE Jan 20, 2026 15:31 PM
Volume: 18.8M
 

423.80
-0.73%
ICICI Direct
Consistent in delivering superior RoA of 2+% and RoE of 13+% Q2FY26 performance: Kotak Mahindra Bank delivered a steady Q2FY26 performance, marked by advances growth of 16% YoY (4% QoQ), led by strong traction in business banking and mortgages, while deposits rose 15% YoY (3.1% QoQ) with CASA at 42.3%., reflecting strong franchise momentum. NIM stood at 4.54% (11 bps QoQ) as the full impact of repo rate cuts and lower high-yield mix. Credit cost moderated to 79 bps (vs 93 bps in Q1) with improvement in MFI and credit card portfolios, while asset quality remained robust (GNPA/NNPA:...
ICICI Direct released a Buy report for Kotak Mahindra Bank Ltd. with a price target of 514.0 on 14 Jan, 2026.
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