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 Kotak Mahindra Bank Announces Q3 Fy11 Results- Kotak Mahindra Bank Announces Q3 Fy11 Results
- January 25, 2011
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The Board of Directors of Kotak Mahindra Bank ('Kotak Bank') took on record unaudited consolidated and stand-alone results for Q3FY11, at the board meeting held in Mumbai, today.
Consolidated results at a glance
Consolidated PAT ` 384 cr in Q3FY11 up 16 % from ` 331 cr in Q3FY10.
Consolidated PAT for 9MFY11 up 21% to ` 1,075 cr from ` 889 cr in 9MFY10.
Consolidated advances up 37% to ` 40,096 cr as on December 31, 2010 from ` 29,337 cr as on December 31, 2009. Consolidated NIM for Q3FY11 stood at 5.4% #(Q3FY10 - 6.2%).
Consolidated capital adequacy ratio (CAR) including profit for 9MFY11 as per Basel II as on December 31, 2010 is 19.5%. Tier 1 ratio is 18.0...
- View more at: http://www.1888pressrelease.com/kotak-mahindra-bank-announces-q3-fy11-results-pr-273438.html
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