KOTAK BANK

Q1 results which came out on Monday, were not good leading to analyst slashing target prices Asset quality pain continued for Kotak and stress in the retail commercial vehicles segment is expected to rise further, analysts at Ambit said. "Considering such volatility, and limited availability of buffer provisions, we expect fiscal 2026 credit costs to remain elevated," they said. Kotak, like several Indian banks, has been grappling with rising bad loans in the unsecured loan segment. Its gross non-performing assets ratio worsened to 1.48% of total loans at the end of June from 1.39% a year earlier.