Kotak Mahindra Bank profit rises 22% to â¹994 crore in Q2
Private lender Kotak Mahindra Bank on Wednesday posted a 22% year-on-year rise in profit to â¹994 crore for the quarter ended September 30. Net interest income (NII) or the core income a bank earns by giving loans increased 16% to â¹2,313 crore. Gross bad loans, as a percentage of total loans, stood at 2.47% at the end of September quarter.