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Kotak Bank Q3 Net Profit seen up 16.4% YoY to Rs. 1,856.5 cr: ICICI Direct

Net Interest Income (NII) is expected to increase by 15.6 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 3,964.9 crore, according to ICICI Direct.

January 20, 2021 / 07:48 PM IST
10. Kotak Mahindra Bank | Market Cap for the week ended October 30: Rs 3,06,331.09 crore | Loss during the week: Rs 32,570.94 crore.

10. Kotak Mahindra Bank | Market Cap for the week ended October 30: Rs 3,06,331.09 crore | Loss during the week: Rs 32,570.94 crore.

 
 
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ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Banking & Financial Services sector. The brokerage house expects Kotak Bank to report net profit at Rs. 1,856.5 crore up 16.4% year-on-year (down 15% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 15.6 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 3,964.9 crore, according to ICICI Direct.


Pre Provision Profit (PPP) is likely to rise by 38.9% Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 3,316.4 crore.


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