Kotak Mahindra Bank Q1 Results: Profit Falls As Provisions Triple On Covid-19 Impact
Customers wearing protective masks approach a Kotak Mahindra Bank Ltd. branch on a near-empty street in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Kotak Mahindra Bank Q1 Results: Profit Falls As Provisions Triple On Covid-19 Impact

Kotak Mahindra Bank Ltd.’s quarterly profit fell as the private lender increased provisioning to mitigate the potential impact of the Covid-19 pandemic.The bank’s profit declined 8.51% year-on-year...
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