Kotak Mahindra Bank may see double-digit growth in profit, NII in Q3
Mon, Jan 25, 2021 9:25 AM

Kotak Mahindra Bank may see double-digit growth in profit, NII in Q3

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Kotak Mahindra Bank is expected to register over 20% YoY growth in profit and over 15% rise in net interest income for the Q3 2020, with sequentially stable asset quality. PPoP is likely to be strong with growth of more than 30% YoY aided by lower cost to income ratio. Motilal Oswal also feels loan growth at (-3.3)% to remain under pressure, but deposits may show healthy traction.

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