Kotak Mahindra Bank’s NII (interest income and expense differentiation) for the October-December period increased by 12% year-over-year to Rs 4,334 million. Net banking margin increased from 4.36% to 4.62% in the reporting quarter.
Kotak Mahindra Bank said it recorded Rs 213.1 billion in the quarter ended December, up 15% year-over-year due to continued growth in net income (NPI) and reserve depreciation. On a consolidated basis, the bank’s profit increased by 31% to Rs 3,403 crore.
Kotak Mahindra Bank’s NII (interest income and expense differentiation) for the October-December period increased by 12% year-over-year to Rs 4,334 million. Net banking margin increased from 4.36% to 4.62% in the reporting quarter.
Total sales at the end of December were Rs 252 million, up 18% from last year and 8% from the previous month. Housing and real estate loans, which account for 25% of the bank’s total client assets, rose 38% year over year, while corporate bank loans rose 8% year on year to Rs 68,095 million.
In addition, as of December 31, bank deposits reached Rs 30.5 billion, up 15% year on year. As of the end of December, the low-cost savings rate was 59.9%, up from 58.9% last year.
In terms of asset quality, Kotak Mahindra Bank’s GNPA ratio improved from 3.27% last year and 3.19% in the previous quarter to 2.71% at the end of December. The share of net non-performing assets as of December 31 was 0.79% compared to 1.24% last year and 1.06% at the end of September. The bank saw a new Rs 750 crore decline and reported Rs 1,086 crore improvements and upgrades for the quarter.
Kotak Mahindra Bank registered Rs 131 million in October-December compared to Rs 424 million in the previous year due to COVID-19. Lenders still have Rs 100 billion in Covid-19 related reserves on their books, with total provisions (including special, standard, and Covid-19 provisions) reaching Rs 726.9 billion by the end of December. As of the end of December, the bank’s equity ratio was 23.3%, while the equity ratio 1 was 22.4%.
Kotak Mahindra Bank for Q4 2022 Consolidated PAT increased by 50% YoY to Rs 382 crore.
Individual PATs in the fiscal fourth quarter were $27.67 billion, up 65% from a year ago.
Mumbai, 4 May 2022: Approval by the Board of Directors of Kotak Mahindra Bank (“the Bank”)
Board Consolidation and Independence Results for FY 2022 and FY 2022 in Mumbai.
Full results at a glance
Net PAT stood at Rs 389.2 billion, 50% higher than Rs 258.9 billion in the fourth quarter of FY 2021-22 (Q4).
A 21% increase from Rs 999,000 crore in FY21 to Rs 1,208,900 crore.
Banking PATs and their main sub-categories:
PAT (million units) Q4 22 f. 22 square meters 21 f. 21 square meters
- Kotak Mahindra Bank 2,767 1,682 8,573 6,965
- Kotak shares 252,241 1,001,793
- Kotak Mahindra Premier 313 184 886 535
- Kotak Property Management and Trustee
- Company
- 102 100 454 346
- Kotak Mahindra Insurance 267,193 425,692
- Kotak Mahindra Commerce 101 73 371 258
- Kotak Mahindra Capital Company 42 25 245 82
The intrinsic value of Kotak Mahindra life insurance as of March 31, 2022 (IEV Law)
167.79 million (98.69 million as of March 31, 2021). New Trade Value (NBV) in FY22
8.950 million (FY21: 6.910 million), the new business margin (NBV) in FY22 was 31.1%.
(Exercise 28.6%).
The consolidated return on assets (ROA) for the fiscal year 2022 was 2.36% (2.16% for the fiscal year 2021).
As of March 31, 2022, the capital ratio was 23.7% on a consolidated basis, a Basel III Tier 1 capital ratio.
22.8%
As of March 31, 2022, consolidated equity, reserves and reserves were $971.3 billion (reporting 84,836).
March 31, 2021). The book costs £487 per series.
Client-related assets increased by 22% from Rs 26,813 crore to Rs 327,074 crore as of March 31, 2021.
You have reached 1 million by March 31, 2022.
The total assets under management/advisory of the group amounted to KRW 10 billion.
$323.76 million in cash as of March 31, 2021.
Relationship between Private Bank, Preferred Bank, and Customer Service
As of April 3, 2022, the number of claims was around 641 billion, up 68% from 382 billion in March.
March 31, 2021
Kotak Mahindra Bank Stand Loan Results
- The bank’s PAT stood at 276.7 billion rupees, up 65% from 168.2 billion rupees in the fourth quarter of 2021 to 276.7 billion rupees.
- PAT in FY22 increased 23% to 85.73 billion from 69.655 billion in FY21.
- Net interest income (NIF) from Rs 384.3 billion in 2018 to Rs 452.1 billion in 2019.
- 18%, up 10% from Rs 153.4 crore in FY21 to Rs 16,818 crore in FY22.
- FY22 Q4 margin (MIN) is 4.78%.
- In the fourth quarter of FY2022, fares and services increased by 23% year-on-year to Rs 1,697 million.
- Operating profit for the fourth quarter of FY2022 was Rs 33.4 billion (FY 4 21: Rs 296.2 billion), up 13% from a year earlier.
- Net customers in the fourth quarter of 2022 were 2 million compared to 1.1 million in the fourth quarter of 2021.
- 32.7 million as of March 31, 2022 (26 million as of March 31, 2021).
- Consumer goods, including prepaid and alternative loans, rose 23% to 292,481.
- INR 238,838 million as of March 31, 2022 (INR 2,745.69 million as of March 31, 2021)
- December 31, 2021). 271.254 million as of March 31, 2022, 21% more.
- 2,236.7 million as of March 31, 2021 (252,935 million as of December 31, 2021). Upfront payment 7.2%
- Q4 22.
- As of March 31, 2022, the CASA rate is 60.7%.
- The average demand deposit increased from 39,481 million rupees in FY21 to 49,776 million rupees in FY22.
- 26% Average savings on bonds as of March 31, 2022 (March 2022) increased by 11% to Rs 110,988 million.
- 99.9 million as of March 31, 2021). The average TD increased by 16% from Rs 20,074,000 in FY2021 to Rs 23,313,000 in FY2021.
- 22 years old
- As of March 31, 2022, reserves related to Covid amounted to 5.47 billion euros. After the new coronavirus
- The RBI provides the liquidation structure and the banks have standard restructuring funds.
- `4.17 million outstanding balance (prepayment of 0.15%). Based on the MSME permit concept, the World Bank
- The balance of the restructuring fund on a standard basis in March was Rs 788 crore (0.29% of advances).
- March 31, 2012
- As of March 31, 2022, the GNPA was 2.