UPDATE 2-India’s Kotak Mahindra Bank joins rivals in warning of challenges ahead
Kotak Mahindra Bank
Ltd reported a 32.7% jump in its first-quarter profit
on Monday, but its results fell marginally shy of estimates and
it became the third private-sector Indian bank in a row to sound
a cautionary note about the slowing pace of domestic growth.
Ltd reported a 32.7% jump in its first-quarter profit
on Monday, but its results fell marginally shy of estimates and
it became the third private-sector Indian bank in a row to sound
a cautionary note about the slowing pace of domestic growth.
Posted by Reuters
