Kotak Mahindra Bank Shares Plunge Over 4%! Rising NPAs and Margin Slump Spark Warnings from Top Brokerages

Kotak Mahindra Bank Shares Plunge Over 4%! Rising NPAs and Margin Slump Spark Warnings from Top Brokerages

On Monday, October 21, Kotak Mahindra Bank’s shares fell more than 5% following the lender’s release of erratic second-quarter results. The price target for Kotak Mahindra Bank shares is ₹2,286 per share, according to global brokerage company Goldman Sachs, which has a “Buy” rating. Lower fees, greater loan losses, and slower loan growth were the … Read more