Kotak Mahindra bank today announced its first quarter results. The bank's net profit went up by 72 per cent to Rs 257 crore in first quarter of FY10 compared to Rs 150 crore in the corresponding quarter last year on a consolidated basis.
Its net interest margin stood at 6 per cent in the first quarter of FY10.
Consolidated capital adequacy ratio includng current quarter profit as per basel II stood at 20.8 per cent as on June 30, 2009.
The group manages/ advises assets worth Rs 45,776 crore as on June30, 2009.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app