Kotak Mahindra Bank expects steady performance in its personal loan portfolio and sees stress in the credit card segment starting to ease, CEO Ashok Vaswani said in the bank’s post-earnings call on Saturday (May 3). “Personal loans are absolutely fine, and credit card issues should start to come down,” Vaswani said. FY25 was Vaswani’s first
Kotak Mahindra Bank reported a larger-than-expected drop in Q4FY25 profit, down 14% YoY at Rs 35,517 crore Vs Rs 41,333 crore in Q4FY24. The drop in quarterly profit was as a result of the huge provisions which rose as potential bad loans surged, offsetting solid loan growth. The Q4FY25 net interest income (NII), the difference
Three stocks to buy, recommended by Ankush Bajaj: Berger Paints: Buy at ₹502.85 | Target ₹516-525 | Stop loss ₹495 On the hourly chart, the stock is breaking out of a falling wedge pattern, accompanied by an RSI bullish divergence. Taking a long trade with a low-risk approach could be a good opportunity. Glaxo: Buy
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex opened today’s trade session in the red. Nifty 50 opened at 22,857.20, while Sensex ended at 75,612.61 . Sensex Today | Stock Market LIVE Updates: Nifty 50 opened today’s trade session 3,420.15 points below its record high of 26,277.35. Overnight, Wall
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session lower. Nifty 50 closed at 23,045.25, while Sensex ended at 76,171.08. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,232.1 points below its record high of 26,277.35. Nifty 50, Sensex have