Kotak Mahindra Bank Limited — Important, 19-10-2024: General Updates

Kotak Mahindra Bank reported a consolidated PAT of ₹5,044 crore, up 13% YoY, with a ROE of 13.88% and a ROA of 2.53% for Q2FY25. The standalone PAT was ₹3,344 crore. Notably, the bank's customer assets increased by 18% YoY, and the NIM stood at 4.91%. Highlights from subsidiaries include a 60% growth in Kotak AMC's PAT and a 37% increase in Kotak Securities' PAT. The bank maintains a low NNPA of 0.43%.