Net Advances Growth: 16% year-on-year. Average Deposits Growth: 15% year-on-year. Net Interest Margin (NIM): 4.54%. Credit Costs: Reduced to 63 basis points in Q3 from 79 basis points in Q2.
Kotak Mahindra Bank (Kotak) announced earlier this week the launch of the Cardless Cash Withdrawal Facility through ATMs (Instant Money Transfer – IMT). According to Kotak, the facility empowers ...
Kotak Mahindra Bank announced that in order to provide customers with a seamless banking experience, their banking systems will undergo a maintenance activity. Due to the scheduled maintenance, some ...