INSUBCONTINENT EXCLUSIVE:
Private lender Kotak Mahindra Bank is slated to announce its financial results for quarter through December 2018 on Monday
There are expectations that lender may report a double-digit growth in net profit with stable asset quality.
According to brokerage
Prabhudass Lilladher, Kotak Bank may post 16.40 per cent year-on-year rise in net profit at Rs 1,226.30 crore in Q3 FY19
Prabhudass Lilladher said.
Another brokerage firm Sharekhan projected 19 per cent, 17.80 per cent and 22.50 per cent jump in net profit, net
interest income and PPOP, respectively, for quarter under review.
Market participants are tracking guidance on balance sheet growth and
trend in customer acquisition post Aadhar verdict
One can also look at performance on CASA, fees and growth and GNPAs in MSME segment.
Motilal Oswal Financial Services expects asset quality
to remain stable, with gross non-performing asset (NPA) at around 2.1 per cent and net NPA at 0.8 per cent, led by improvement in coverage
