Kotak Mahindra Bank on Saturday posted a 14.29 per cent increase in its consolidated net profit at Rs 4,566 crore for the March 2023 quarter. The private sector lender’s standalone net profit grew to Rs 3,496 crore for the January-March 2023 period against Rs 2,767 crore in the year-ago period. For FY23, the bank’s consolidated net profit rose 23 per cent to Rs 14,925 crore.
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