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Kotak Traces Improving Loan Growth Trajectory

November 02, 2017

Kotak Traces Improving Loan Growth Trajectory

Private sector Kotak Mahindra Bank reported positive numbers for the second quarter. While the loan growth saw an 18% increase, the CASA ratio at 47.8% also received a major boost even as the core savings growth kept at a steady 40% rate.

At the core level of Pre-Provision Operating Profit (PPOP), the bank also outperformed its subsidiaries as it maintained a 16% Net Interest Income(NII) growth. However, it’s Net Interest Margin (NIM) growth and the cost to income ratio continues to decline.

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