Kotak Bank’s version of covid-19 impact is scarier than HDFC Bank’s
The covid-19 outbreak and the subsequent lockdown to contain its spread will no doubt hit every sector of the economy
The toughest task for Kotak Bank is to protect its balance sheet, which was at ₹3.23 trillion as of December
Up until Tuesday, Kotak Mahindra Bank Ltd’s stock was down 23% year to date, while bigger peer HDFC Bank Ltd’s fell 32%. But a conference call with analysts on Tuesday has pulled down Kotak Mahindra Bank’s shares on a par with HDFC Bank’s.
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