Private sector lender Kotak Mahindra Bank's second quarter standalone (only banking operations) net profit moderated nearly 8% year-on-year to Rs 280 crore on the back of higher provisions, which stood at Rs 71 crore as against an excess provision Rs 2 crore (write-back) in Q2, 2011-12.
first published: Oct 25, 2012 12:54 pm
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