 "Kotak Mahindra Bank's consolidated capital adequacy ratio improved to 18.4 per cent in Q3 from 18 per cent a year ago")
Kotak Mahindra Bank on Friday reported 28.2 per cent rise in its third quarter consolidated net profit on healthy growth in advances.
Profit after tax on a consolidated level rose to Rs 16.24 billion for the quarter ended December 2017, from Rs 12.67 billion in the year ago period.
Total income rose 31.9 per cent year on year (YoY) to Rs 101.13 billion.
At the standalone level, the bank reported a 19.7 per cent rise in its net profit to Rs 10.53 billion, against Rs 8.80 billion in the year ago quarter.
Gross non-performing assets (GNPA) as a percentage of
