Last Updated:February 21, 2025, 08:06 IST Stocks to watch: Shares of firms like Tata Steel, Tata Motors, Vedanta, Religare, TCS, NTPC Green, and others will be in focus on Friday’s trade Stocks to watch on February 21 Stocks to Watch on February 21: Domestic markets remained flat on the weekly expiry day, ending almost unchanged…
MUMBAI: Private banks continue to feel the pain of defaults in the microfinance segment. Kotak Bank and RBL Bank which declared their earnings on Saturday, both reported higher defaults in the microfinance segment.Kotak’s consolidated net profit for the quarter ended Dec 2024 was up 10% at Rs 4,701 crore from Rs 4,265 crore in the…
MUMBAI: Kotak Mahindra Bank reported a 4.8% year-on-year (YoY) increase in net profit for Q2FY25, reaching Rs 3,344 crore. However, on quarter-on-quarter basis, the bank’s profit was down by 5%, because of a 1-time gain of Rs 2,730 crore from sale of its stake in Kotak General Insurance in the preceding quarter. Gross deposits stood…
