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Kotak Mahindra Bank Q3 Results Review — Motilal Oswal Upgrades The Stock To 'Buy'; Here's Why
The anticipated reversal of the ban on card issuance and the revival of customer onboarding via its advanced online, mobile banking channels are set to act as powerful near-term catalysts: brokerage.
20 Jan 2025, 09:14 AM IST 
Kotak Mahindra Bank reported a standalone PAT of ~Rs 33 billion (in line; 10% YoY growth).
(Photo source: Vijay Sartape/ NDTV Profit)
Kotak Mahindra Bank delivered strong earnings, driven by higher NII and lower operating expenses, partially offset by a decline in other income and increased credit costs.
