Thursday 17 July 2014

Kotak Mahindra Bank Update by Epic Research

Epic Update Kotak Mahindra Bank

Recast loan considered standard Rs 145 crore on June 30



See credit growth of around 20 percent this fiscal



Yet to see surge in demand for loan from companies for capex



Currently no plan to review deposit rates



Shareholders approve increase in FII investment limit to 40 percent from 37 percent



Have submitted only non-binding bid for MCX stake



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