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Kotak Mahindra Bank's consolidated net profit witnessed a significant drop in the June quarter, reaching Rs 4,472 crore due to the absence of a one-time gain and margin pressures. While net interest income increased, the net interest margin contracted, impacting overall profitability. Provisions more than doubled, primarily due to stress in the microfinance and retail commercial vehicle segments.
The minister said these approvals are expected to generate 1.5 lakh jobs, positioning Andhra Pradesh as a preferred destination for investors.
Upcoming Dividend, Bonus and Split: Wipro, Maruti, Bosch, Hawkins lead key dividend actions this week (Jul 28–Aug 2)
They have the potential to reshape the future of India’s rural economy one farmer, one cow at a time
Union Finance Minister Nirmala Sitharaman expresses concern about the lack of substantial investment by corporate firms
A “malicious threat actor” gained access to a third-party, cloud-based system used by Allianz.
Every village, every grove, every waterbody must be stewarded by those who live beside it
Whirlpool’s Q1 revenue from operations declined 2.58%.
The Income Tax Department advises all taxpayers to double-check their AIS before filing ITR for AY 2025–26 to keep things smooth.
What is needed is wider reach, ongoing support and policies that reward sustainable practices
Upcoming Dividend, Bonus and Split: Wipro, Maruti, Bosch, Hawkins lead key dividend actions this week (Jul 28–Aug 2)
The penalty was imposed for violating information and cyber security guidelines.
RPG Life Sciences’ Q1 PAT dips, revenue from operations up 2%
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