Kotak Mahindra Bank is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its consolidated net profit is expected to go up by 17% at Rs 390 crore as against Rs 331 crore.
Factors-Net interest margin contraction likely at 5.5% versus 6.2%
-Expect advances to grow 35%
-Loan growth expected at 38%
-Sharp decline in provisioning
-New ULIP guidelines to impact Life insurance business
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