India’s Kotak Mahindra Bank posted weaker quarterly results, with net profit slipping below analyst forecasts despite steady lending income. The bank reported a 6% rise in net interest income but higher loan-loss provisions weighed on earnings. Executives cited cautious credit policies amid rising unsecured retail exposure. Asset quality metrics showed minor deterioration, while cost ratios remained contained. Analysts expect near-term margin compression as funding costs rise, though digital expansion and SME growth remain core drivers in Kotak’s long-term strategy.