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The Kotak Mahindra Bank has posted a 23 percent year-on-year increase in its standalone net profit at Rs 912.73 crore for the June quarter.
In the corresponding quarter of previous year, the bank had posted Rs 741.97 crore profit.
The Net interest income in Q1 of this fiscal has been increased 17 percent to Rs 2,246 crore from Rs 1,919 crore.
The NIM has stood at 4.5 percent for the quarter as against 4.6 percent in the March quarter.
