Leading private sector bank – Kotak Mahindra bank has reported an increase of 21.20% in its profit. By the third quarter end of the December the net profit of the bank stood at Rs 716.61 crore.
Last year the bank reported the profit of Rs 591.25 crore, and now it has went up to Rs 716.61 crore. Net interest income for the third quarter of the bank has increased by16.10% to Rs 1,060 crore from Rs 913 crore a year earlier. The total income Increase of the bank has increased by 20.31%