Kotak Mahindra Bank Q1 profit rises 26% to Rs 2,071 cr

Private lender Kotak Mahindra Bank on Saturday reported a 26 per cent rise in its net profit to Rs 2,071.15 crore in the first quarter of the current fiscal year helped by a decline in bad loans. The bank had posted a net profit of Rs 1,641.92 crore in the same quarter of financial year 2021-22.

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