HomeloansIndia's Kotak Mahindra Bank beats profit estimates on strong loan growth

India’s Kotak Mahindra Bank beats profit estimates on strong loan growth

The country’s third-largest private lender’s standalone net profit rose 13% to 40.27 billion rupees ​for the quarter ended March 31 from ​last year. Analysts had expected a profit of ⁠37.37 billion rupees, according to data compiled by ​LSEG.
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