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A clutch of lenders have flagged emerging stress in the commercial vehicle or CV financing segment, and an overall economic slowdown. On Saturday, Kotak Mahindra Bank reported its April-June earnings, ...

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- Standalone profit fell 7 percent YoY to Rs 3,282 crore; consolidated profit impacted by absence of one-off gains. - Provisions surged to Rs 1,200 crore, mainly due to CV and MFI stress. - Strong ...

The capital adequacy ratio of the bank stood at 23% with common equity tier-I at 21.8%. Kotak Mahindra Bank reported a standalone net profit of Rs 3,282 crore for the quarter ended June, marking a ...

Kotak Mahindra Bank is treading carefully in retail commercial vehicles (CVs), while micro-finance (MFI) disbursements are being restarted selectively following a period of stress in asset quality, ...

You’ve imagined what it would be like to open your dream retail store. Perhaps it’s a handmade ceramics store, or it’s an online shop selling customizable candles. You might have considered launching ...