Kotak Mahindra Bank showcased robust profit and net interest income (NII) figures for Q4FY24, yet faced margin challenges due to escalating cost of funds. During the post-earnings analyst call, the management indicated that it expects cost of funds to stabilise gradually in the coming quarters, subjected to external rate movements.
Open FlipGold And Silver Rate Today: Gold prices saw a slight decrease on Sunday. The cost of 24 carat gold is Rs.7318.4 per gm down by Rs.72.0.The cost of 22 carat gold is Rs. 6703.7 per gm down by Rs.65.0.The price change in 24 carat gold in the last one week has been 0.59% .whereas in the last month it has been -2.12%. The cost of silver is Rs. 83500.0 per kg.
Open FlipWarren Buffett paid tribute to his late business partner Charlie Munger at Berkshire Hathaway's annual meeting on Saturday, while reassuring shareholders that the executives expected to succeed him were ready for the job. Buffett, legendary for his investing acumen, also praised Apple after unexpectedly revealing that Berkshire had reduced its stake in the iPhone maker.
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