Kotak Mahindra Bank and IDFC First report higher profit
By United One News · AI-generated summary of 3 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below:
Kotak Mahindra Bank and IDFC First reported increases in profit during the July-September quarter alongside rising net interest income.
- Kotak Mahindra Bank reported a 29 percent year-on-year increase in standalone net profit for the quarter.
- The bank also recorded a 16 percent increase in net interest income.
- AU Small Finance Bank registered a 53 percent rise in profit to reach 858 crore rupees.
Covered by 3 outlets across the spectrum: 33% left, 67% center, 0% right.
How each side framed it
Kotak Mahindra Bank Q2 Review: Brokerages Stay Bullish, JPMorgan Raises Target
Kotak Bank leadership change: Affluent banking, digital channels, payments in focus from January 1
Timeline
First to report: Business Today (); 3 articles from 3 outlets so far.
Who is covering this story
- Left-leaning (1): NDTV
- Center (2): Business Today, The Hindu BusinessLine
Sources
- Kotak Bank leadership change: Affluent banking, digital channels, payments in focus from January 1 — Business Today (center) ·
- Kotak Mahindra Bank, IDFC First PAT rise; Marginal dip in NIM on FCNR (B) inflows — The Hindu BusinessLine (center) ·
- Kotak Mahindra Bank Q2 Review: Brokerages Stay Bullish, JPMorgan Raises Target — NDTV (left-leaning) ·