Kotak Mahindra Bank Q2 net up 26% on higher income and better asset quality

Kotak Mahindra Bank reported a 26% rise in second-quarter net profit, driven by higher income and improved asset quality. The bank's shares rose 4% following the results. The figure was reported alongside higher Q2 profits at HDFC Bank, ICICI Bank and Axis Bank despite margin pressure.

Source: Kotak Mahindra Bank Q2 net up 26% on higher income and better asset quality — The Hindu

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