Kotak Mahindra Bank closes FY23 with 23% growth in profit
The private lender’s net interest income rose 28% YoY to ₹21,552 crore in FY23 as compared to ₹16,818 crore in FY22.
The private lender’s net interest income rose 28% YoY to ₹21,552 crore in FY23 as compared to ₹16,818 crore in FY22.
Shares of Tata Steel, Larsen & Toubro, and Bharti Airtel fell up to 3% as investors reacted to their respective quarterly earnings reports.
HDFC Bank shares have fallen 14% over the last 12 months and underperformed the Bank Nifty by 15% during the period.