Outperformance on the Bottomline led by Strong Growth in Net Interest Income & Reversal of Provisions Net Interest Margin at New High Levels Kotak Mahindra Bank Q3 FY22 Results

Kotak Mahindra Bank reported 15% rise in Net Profit YoY to Rs.2,131 Cr in Q3 FY22, mainly driven by stable performance of Net Interest Income and reversal of provisions. Bank has reported strong credit growth across all segments in line with economic recovery.