Kotak Mahindra Bank announced Q2FY21 Finance results report Net Profit Jump 27% to Rs 2,184 crore

Kotak Mahindra Bank announced Q2FY21 Finance results report standalone Net Profit Jump 27% to Rs 2,184 crore

Kotak Mahindra Bank announced the Q2 Finance results report the net profit year-on-year 27% percent jump to 2,184 crores as against last year the same quarter Rs.1,724.5 crore.

The NII (Net Interest Income) year-on-year 17% growth an Rs.3,913 crore as against last year the same quarter Rs.3,349.5. Gross NPA this quarter Rs.5,336 crore increase on 5% percent quarter-on-quarter last Q1FY21 quarter Rs.5,619.3 crore.

Kotak Mahindra Bank total assets 4,57,283 crore, Net interest Margin at 4.52% percent but last year same quarter 4.61% percent. CASA (Current account and Saving account) ratio at 20 September 57.1% percent but last year CASA ratio 53.6% percent on September 30.2019.

Net NPA (Net non-performing assets) Q2FY21 report on increase 23 bps to 0.64% percent as against last quarter 0.87%. The bank average Saving account growth 32% year-on-year to Rs.106,442 crore on H1FY21, and the current account up 10% percent YoY to Rs.36,610 crore for H1FY21. 


Kotak Mahindra Bank share price changes 2.35% percent increase and current share price Rs.1,415


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