Kotak Mahindra Bank standalone results:-
Bank PAT for FY14 increased to ` 1,503 cr from ` 1,361 cr in FY13 up by 10%
Net Interest Income (NII) for FY14 up 16% to ` 3,720 cr from ` 3,206 cr in FY13
Net Interest Income (NII) for Q4 FY14 up 7% to ` 967 cr from ` 903 cr in Q4 FY13
Advances as on March 31, 2014 were up 9% YOY to ` 53,028 cr (`48,469 cr as on March 31, 2013). Without considering CV/CE, the growth in advances was 17% YoY
Restructured loans considered standard as on March 31, 2014 ` 10 cr 0.02 % of net advances (` 8 cr as March 31, 2013, 0.02% of net advances)
Savings deposits as on March 31, 2014 grew by 39% to ` 10,087 cr from ` 7,268 cr as on March 31, 2013
Deposits as on March 31, 2014 were up 16% YOY to ` 59,072 cr (`51,029 cr as on March 31, 2013)
Capital adequacy ratio of the Bank including audited profits as per Basel III as on March 31, 2014 is 18.83% and Tier I ratio is 17.77%
The provision coverage ratio on non-performing assets as on March 31, 2014 is 55.5%
Bank had 605 full-fledged branches (438 branches as on March 31, 2013) across 354 locations and 1,103 ATMs
Consolidated results at a glance:-
Consolidated PAT for FY14 increased to ` 2,465 cr from ` 2,188 cr in FY13 up by 13%
Consolidated advances up 8% to ` 71,693 cr as on March 31, 2014 from ` 66,258 cr as on March 31, 2013. Without considering CV/CE, the growth in advances was 13% YoY
Consolidated NIM for FY14 stood at 4.97% (FY13 – 4.70%)
Consolidated capital adequacy ratio (CAR) including audited profits as per Basel III as on March 31, 2014 is 18.87%. Tier 1 ratio is 18.00%
Total assets managed / advised by the Group as on March 31, 2014 are ` 56,564 cr (March 31, 2013 ` 55,243 cr)
Bank PAT for FY14 increased to ` 1,503 cr from ` 1,361 cr in FY13 up by 10%
Net Interest Income (NII) for FY14 up 16% to ` 3,720 cr from ` 3,206 cr in FY13
Net Interest Income (NII) for Q4 FY14 up 7% to ` 967 cr from ` 903 cr in Q4 FY13
Advances as on March 31, 2014 were up 9% YOY to ` 53,028 cr (`48,469 cr as on March 31, 2013). Without considering CV/CE, the growth in advances was 17% YoY
Restructured loans considered standard as on March 31, 2014 ` 10 cr 0.02 % of net advances (` 8 cr as March 31, 2013, 0.02% of net advances)
Savings deposits as on March 31, 2014 grew by 39% to ` 10,087 cr from ` 7,268 cr as on March 31, 2013
Deposits as on March 31, 2014 were up 16% YOY to ` 59,072 cr (`51,029 cr as on March 31, 2013)
Capital adequacy ratio of the Bank including audited profits as per Basel III as on March 31, 2014 is 18.83% and Tier I ratio is 17.77%
The provision coverage ratio on non-performing assets as on March 31, 2014 is 55.5%
Bank had 605 full-fledged branches (438 branches as on March 31, 2013) across 354 locations and 1,103 ATMs
Consolidated results at a glance:-
Consolidated PAT for FY14 increased to ` 2,465 cr from ` 2,188 cr in FY13 up by 13%
Consolidated advances up 8% to ` 71,693 cr as on March 31, 2014 from ` 66,258 cr as on March 31, 2013. Without considering CV/CE, the growth in advances was 13% YoY
Consolidated NIM for FY14 stood at 4.97% (FY13 – 4.70%)
Consolidated capital adequacy ratio (CAR) including audited profits as per Basel III as on March 31, 2014 is 18.87%. Tier 1 ratio is 18.00%
Total assets managed / advised by the Group as on March 31, 2014 are ` 56,564 cr (March 31, 2013 ` 55,243 cr)
