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Kotak Mahindra Bank sees margin recovery in H2, overall asset quality stable for now

Kotak Mahindra Bank sees margin recovery in H2, overall asset quality stable for now

During the quarter, Kotak Mahindra Bank’s net profit declined 3% to ₹3,253 crore. Net interest income rose 2% on year to ₹9,900 crore. However, the bank also pointed to emerging concerns in specific retail lending segments.

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