This Bank is Trading Profits for Prudence
The bank is prioritising safer assets over higher margins Kotak Mahindra Bank finds itself in an unusual predicament: it’s growing faster than most of its rivals, yet analysts are trimming their earnings forecasts. The Mumbai-based lender reported third-quarter profits of ₹3,450 crore, up a modest 4% from last year. At first glance, decent numbers. But … Read more