India's Kotak Mahindra Bank, RBL Bank slump
India's Kotak Mahindra Bank, RBL Bank slump as loan stress hurts Q2 earnings
Shares of India's Kotak Mahindra Bank and RBL Bank slumped on Monday as the lenders reported a jump in bad loans that hurt their second-quarter profit and margins, a trend that could continue for a few more quarters.
Kotak Mahindra Bank Share Price Falls As Provisions Rise In Q2 Amid NPA Uptick
Last week, Kotak Mahindra Bank entered into an agreement to acquire Standard Chartered Bank's personal loan book in India for Rs 4,100 crore. The country's fourth-largest private lender aims to strengthen its position in the retail credit market.
Kotak Mahindra Bank analysts remain divided on the road ahead after weak Q2 performance
Kotak Mahindra Bank's second quarter faced several challenges, including the Reserve Bank India's embargo and a weak macroeconomic environment.
Kotak Mahindra Bank Shares Plummet
Kotak's net NPA increased to 0.43% from 0.37% YoY at September's end, while its GNPA increased to 1.49% from 1.72% YoY.
Kotak Mahindra Bank top Nifty loser as Q2 results disappoint Street, RBI embargo may weigh outlook
Weaker loan growth, higher slippages, shrinking margins, and the RBI's restrictions on its digital banking operations impacted the bank’s Q2 performance, with brokerages warning that these challenges
Explained: Why HDFC Bank outshines Axis and Kotak Mahindra Bank in Q2FY25
HDFC Bank’s Q2FY25 earnings have set it apart from its peers in the Indian banking sector, underscoring the strength of its asset quality and strategic foresight. Its cautious approach over the past several quarters has yielded significant results,
Kotak Mahindra Bank shares dive 7% as Q2 earnings disappoint, analysts cut target price
Kotak Mahindra Bank shares dropped 7.2% to ₹1,735 after disappointing quarterly results. Analysts downgraded the target price on the stock amid concerns over unsecured portfolio stress and declining margins.
Buy Kotak Mahindra Bank; target of Rs 2230 Prabhudas Lilladher
Prabhudas Lilladher is bullish on Kotak Mahindra Bank has recommended buy rating on the stock with a target price of Rs 2230 in its research report dated October 20, 2024.
Kotak Mahindra Bank Q2 Earnings: Muted Result, What Led To Weak Performance? | Management View
Kotak Mahindra Bank's Q2 earnings result was muted, leading to weak performance. According to Devang Gheewalla of Kotak Bank Ltd, the acquisition of Standard Chartered will help aid net interest margins (NIMs).
Indian shares dip as dull earnings, profit-booking outweigh HDFC Bank's boost
By Bharath Rajeswaran and Hritam Mukherjee (Reuters) -Indian shares closed lower on Monday, as lacklustre earnings and ...
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Kotak Mahindra's Poor Stock Performance Amid Profit Growth
Kotak Mahindra Bank's shares dropped nearly 7% after the company's quarterly earnings failed to impress investors. Despite posting a 13% profit growth, a rise in provisions and regulatory challenges ...
Stocks to Watch: Tech Mahindra, HDFC Bank, Kotak Bank, Jio Financial, and more
JM Financial received a positive update from the Reserve Bank of India (RBI), which lifted restrictions placed on its ...
Axis Direct's Top Stock Picks: HDFC Bank, Tech Mahindra and more | Targets, potential upside
IndiaMART, Tech Mahindra, HDFC Bank and more—offering potential upsides of 10-20%, despite market volatility. These picks aim ...
Indian shares set to open higher; Street reaction to key earnings eyed
Indian shares are set to open marginally higher on Monday, with market reaction to the earnings of top private lender HDFC ...
Bank Nifty’s rebound: A signal for market outperformance?
HDFC Bank, ICICI Bank, and Axis Bank lead the charge as traders turn bullish on Bank Nifty, eyeing a sustained rally.
Brokerage Radar: Bernstein has 'outperform' call on HDFC Bank, Jefferies has 'hold' rating on Kotak Mahindra
Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes HDFC Bank, Kotak Mahindra Bank, Tech Mahindra and more.
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Marketbuzz Podcast with Kanishka Sarkar: Muted opening likely, HDFC Bank, Tech Mahindra to react to Q2 results
After recording its third consecutive weekly loss, the market is likely to make a muted start with stocks like Tech Mahindra, ...