Kotak Mahindra Bank's June-End Quarter Profit Rises To Rs 1,642 Crore

Kotak Mahindra Bank on Monday recorded a jump of 32 per cent in its net profit for the first quarter of 2021-22 as it stood at Rs 1,642 crore from Rs 1,244 crore during the corresponding period of last year. The private lender's net interest income also went up 6 per cent to Rs 3,942 crore in June-end quarter of the current fiscal from Rs 3,724 crore in the corresponding period of the previous fiscal.