Buy Kotak Mahindra Bank, target price Rs 2,134: Nirmal Bang Institutional Equities

Asset quality continued to improve with credit cost coming off YoY and NPA ratios declining further QoQ. SMA numbers seem under control, indicating positive asset quality outlook.

Buy Kotak Mahindra Bank, target price Rs 2,134: Nirmal Bang Institutional Equities
Asset quality continued to improve with credit cost coming off YoY and NPA ratios declining further QoQ. SMA numbers seem under control, indicating positive asset quality outlook.