Kotak Mahindra Bank Q2 FY25 results (Jul–Sep 2024) and concall

Kotak Mahindra Bank reported a strong Q2 FY25, with group profit after tax growing 13% YoY, driven by stellar performance in its Capital Markets, Asset Management, and Insurance subsidiaries. The Bank's deposits and assets showed robust growth despite the embargo, while maintaining a healthy CASA ratio. Management highlighted progress on technology, cautious approach in unsecured retail and microfinance due to some stress, and a positive outlook for H2 in certain segments.