Kotak Mahindra Bank shares drop 5% on weak Q2 earnings

Kotak Mahindra Bank shares drop 5% on weak Q2 earnings after reporting a 3% YoY decline in net profit and missed NIM expectations at 4.1%. The bank's gross NPA rose to 3.8% from 3.4% in the previous quarter. Analysts cite asset quality concerns and margin pressure as key drags.

📊 STOCKS: $KOTAKBANK | 🏢 SECTOR: Banking | #HIGHIMPACT #Earnings