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What is Kotak Mahindra Q3FY17 Investor Insights about?

- The bank reported strong growth in Q3FY17 with PAT up 38% YoY to `880 cr, loans up 13% YoY to `129,261 cr, and deposits up 14% YoY to `149,352 cr. - Asset quality was stable with gross NPAs at 1.07% and restructured loans at 0.11% of net advances. - The bank plans to reach 1,400 branches by the end of CY17 and relocate/rationalize over 100 branches in FY17. - CASA deposits grew 25% YoY and now make up 42% of total deposits.

Author

divya m

Language

EN