Kotak Mahindra Bank reported a 10% rise in net profit to Rs 4,701 crore for Q3FY25, driven by strong performance from its capital market arms. However, the RBI-imposed restrictions continue to limit growth, particularly in the credit card segment. Despite this, the bank’s advances grew 15%, and it anticipates future growth post-embargo, bolstered by the acquisition of Standard Chartered’s personal loan portfolio.
