India Kotak Mahindra Bank's Jan-March net profit rises 26%

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India's Kotak Mahindra Bank on Saturday reported a 26% increase in standalone net profit for the January-March quarter, aided by higher net interest income and healthy loan growth.

A man walks past the Kotak Mahindra Bank branch in New Delhi, India, September 6, 2017. REUTERS/Adnan Abidion Saturday reported a 26% increase in standalone net profit for the January-March quarter, aided by higher net interest income and healthy loan growth.

The private lender's profit rose to 34.96 billion rupees from 27.67 billion rupees for the same period last year.; Editing by William Mallard

 

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