Kotak Mahindra Bank will report its Q3 numbers on Monday and it is expected to be a good quarter for the company. The net interest margin could be the best ever that they have recorded, as per analyst estimates. The net interest margin as per PhillipCapital is at 4.72 percent, which is perhaps the highest ever that they have recorded.
The loan growth could get impacted from the corporate portfolio, however, retail loan growth is expected to be strong quarter-on-quarter (QoQ). Their low cost deposit share at 57 percent is the best in the industry and that is expected to remain stable or improve.
There could be a slight hiccup in the provisions, which could rise on a sequential basis but that is okay given the fact all the banks are seeing an increase in provisions.Watch this video for more.