Kotak Mahindra Bank (KMB) has completed the acquisition of a personal loan portfolio from Standard Chartered Bank. The size of the portfolio stands at Rs33.3bn ($385m), which is lower than the ...

Indian private banks say they expect increases in defaults on small and personal loans due to slower economic growth to continue till the middle of this year. But the short nature of micro credit and ...

Kotak's loans rose 16% in value terms in the December quarter, while deposits were up 15%. The loan growth comes despite restrictions placed on Kotak since April 2024 by the central bank ...

The rising stress levels in unsecured retail loan books of banks can spiral out of control and create asset quality risks this fiscal to the tune of ...

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Kotak Mahindra Bank Ltd.’s shares jumped as the lender ...

The Net Interest Income (NII) for Q3FY25 rose to Rs 7,196 crore, up 10% year-on-year from Rs 6,554 crore in Q3FY24. The Net Interest Margin (NIM) for Q3FY25 stood at 4.93%. Kotak Mahindra Bank Q3 ...

Private banks struggle in Q3FY25 with muted earnings growth, except for ICICI Bank and Kotak Mahindra Bank as outliers.

On asset quality front, the bank's management noted that slippages in personal loans moderated, credit cards plateaued, while microfinance trended upward. At 9.20 am, shares of Kotak Mahindra ...