Kotak Mahindra Bank, India’s third-biggest private lender by market value, may see a moderation in deposit growth and a marginal drop in the share of low-cost deposits in FY25 as it shifts focus on fixing its IT systems following regulatory curbs, said banking analysts. The stock was both the biggest loser and most actively traded in the country Thursday.
Open FlipMumbai: Brokerage Prabhudas Lilladher has raised its target on the Nifty for 2024 to 25,810, implying an upside of 14.35% from Thursday's closing of 22,570, and advises investors to buy during dips. The firm expects the BJP-led NDA government to win the elections. June beginning is a crucial turning point as uncertainty around the political front and monsoons will be over.
Open FlipNetlink Solutions India Q4 Results: Netlink Solutions India declared their Q4 results on 23 Apr, 2024. The topline increased by 34.06% & the profit increased by 62.15% YoY. As compared to the previous quarter the revenue grew by 30111.48% and the profit increased by 396.63%. The Selling, general & administrative expenses rose by 189.35% q-o-q & increased by 7.07% Y-o-Y.
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