Margin pressure from rising deposit costs
Cost of deposits rose ~20bps QoQ, and further repricing could compress NIM if asset yields do not keep pace.
high · management_commentaryKotak Mahindra Bank Limited — Q2 FY24
Kotak Mahindra Bank reported a 24% YoY rise in consolidated PAT to ₹4,461 crore for Q2 FY24, driven by strong loan growth (21% YoY) and fee income.
neutral
medium
✓ Verified against BSE filing
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
CASA ratio decline may persist
CASA ratio fell to 48.3% as customers shift to term deposits; management noted industry-wide SA challenges but no clear recovery timeline.
medium · analyst_questionUnsecured loan delinquencies could rise
While management downplayed risks, analysts flagged potential stress in unsecured loans; management acknowledged slight elevation in 90+ days card delinquencies.
medium · analyst_question