Kotak Mahindra Bank Q2 Review: Brokerages See Margin Recovery After FCNR-B Drag
Kotak Mahindra Bank reported stronger-than-expected profit growth, with net interest income rising 15.7% year on year and asset quality improving. JPMorgan raised its target price, while analysts flagged near-term margin pressure from FCNR-B deposits and expect liquidity deployment to support recovery.
