'Kotak Mahindra Bank conducted a conference call on 03 May 2025
to discuss its financial results for the quarter ended March 2025. Ashok
Vaswani, MD&CEO of the bank addressed the call:
Highlights:
The bank has a strong product platform and it aims to
transform from a product centric platform to customer centric platform. The
bank provides each product and services on its platform.
During the year, the bank faced major events in terms of
embargo on cards and 811 product acquisition platform. This led to decline in
the share of unsecured loans from 11.8% to 10.5% during FY2025.
However, the acquisition of the personal loan portfolio of
Standard Chartered Bank partly helped to maintain the share of unsecured loans.
Standard Chartered book is behaving as expected.
The microfinance segment witnessed a significant credit
train and the bank has proactively reduced the book by 33% and now it
constitutes 1.6% of the overall...
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