Kotak Mahindra Bank’s Net Interest Margin decline in Q1 was no ordinary one, as it marks the lowest income from credit products for the private lender in three and half years.
Kotak Mahindra Bank’s net interest margin (NIMs) contracted by 37 basis points year-on-year to 4.65% in Q1FY26, pressured by the benchmark lending rate cut and a reduced share of unsecured loans. On a sequential basis, NIM declined by 32 basis points, marking the lowest margin level in the last 14 quarters—though still higher than that of most large private sector peers.
Continue Reading with
Continue Reading with
CNBC-TV18 Access Membership
Priority Access and Networking: CNBC-TV18’s flagship events
Interaction with CNBC-TV18’s journalists
Webinars & LIVE Q&As with India Inc. Leaders
Exclusive CNBC-TV18 studio & newsroom tours
Premium business insights, expert opinions & analysis
Curated lifestyle privileges & offers
