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Kotak Mahindra Bank Q4 results: Net profit rises 13%, NII up 8%, dividend declared

May 02, 2026

Kotak Mahindra Bank has reported a 13.3% YoY profit growth in Q4 FY26, with standalone net profit at Rs 4,026 crore. The bank’s NII increased to Rs 7,876 crore, and NIM decreased to 4.67%. Total income grew by 3.4% and net NPA ratio improved to 0.25%. The bank declared a dividend of Rs 0.65 per […] | financialexpress.com


Business 23 min ago
This is an AI assisted summary.
Kotak Mahindra Bank has reported a 13.3% YoY profit growth in Q4 FY26, with standalone net profit at Rs 4,026 crore. The bank's NII increased to Rs 7,876 crore, and NIM decreased to 4.67%. Total income grew by 3.4% and net NPA ratio improved to 0.25%. The bank declared a dividend of Rs 0.65 per equity share and its net
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2 / 50
Spirit Airlines becomes industry’s first casualty of Iran war; over 17,000 jobs at stake
Airlines/Aviation 1 hr ago
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Spirit Airlines, the first US carrier to collapse in two decades, ceased operations on Saturday due to the Iran war's impact on jet fuel prices. This will result in the loss of thousands of jobs and a blow to President Trump's proposed $500 million bailout. Rival carriers like JetBlue and Frontier will benefit, while major US carriers are offering rescue-fare options for affected passengers.
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3 / 50
1 in 3 Gen Z shoppers use AI to shop – How personalisation is winning the retail game
Lifestyle 4 hr ago
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Gen Z's growing presence in the Indian workforce is driving a massive shift in consumer spending, with a projected $1.8 trillion by 2035. This is coinciding with the rise of AI-driven retail, transforming the shopping experience for Gen Z. They prefer personalized and interactive experiences, with 33% using AI for product research.
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4 / 50
Indian-origin Meenu Batra eyes fast-track Green Card after ICE release
World News 2 hr ago
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Meenu Batra, an Indian immigrant and court interpreter, was released from ICE custody after being detained for over a month. She fled violence in India 35 years ago and currently holds a "withholding of removal" status. Her family is working towards obtaining a green card for her, which would offer protection from deportation.
5 / 50
China bans AI-driven layoffs – All about $43K severance case that set a precedent
World News 6 hr ago
This is an AI assisted summary.
A Chinese court has ruled in favor of human employees, banning companies from firing workers to replace them with AI. This decision comes as global job cuts due to AI and automation are on the rise. While US companies continue to embrace AI and cut jobs, the ruling sends a reassuring message to workers.
6 / 50
Air India cuts 10% of daily flights as fuel prices soar; more trims expected: Report
Airlines/Aviation 3 hr ago
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Air India CEO Campbell Wilson has announced reduced flights due to fuel price spikes and airspace constraints, leading to unprofitable international flights. Attempts to offset costs through fare increases have affected customer demand. June and July will see deeper cuts in schedules, as other Indian airlines also express concern over rising aviation turbine prices.
7 / 50
India and Bangladesh move to resume full‑scale visa services after months of tension
India News 6 hr ago
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Bangladesh has reopened visa operations for Indian citizens, with all visa centres now functional. Over 13,000 visas have been issued since February 2026. India plans to gradually restore visa operations for Bangladeshi nationals, which is expected to enhance economic cooperation, energy connectivity, and cross-border travel and tourism.
8 / 50
Who are Pankti Doshi and Avish Jain? NYC 5th Avenue shuts down for big-fat Indian wedding
Lifestyle 7 hr ago
This is an AI assisted summary.
hPankti Doshi and Avish Jain, a power couple in NYC, had a lavish Indian wedding with 400 guests and 8000 flowers. Both successful professionals, Doshi is a genetic counselor and event creator, while Jain is an endocrinologist and Bollywood performer. The extravagant event, held at high-end venues and with a baarat on Fifth Avenue, went viral and was a true NYC experience.
9 / 50
Rahul, Nissanka Help DC Register Their Highest Successful Run Chase in IPL History
Sports 6 hr ago
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Delhi Capitals achieved their highest successful run chase in franchise history against Rajasthan Royals, led by KL Rahul and Pathum Nissanka's record-breaking opening partnership of 110 runs. Despite a late scare, Delhi's middle-order and finishers secured the win with 5 balls to spare, boosting their position in the IPL 2026 playoff race to 6th.
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Escaping the oil trap: Solar propulsion as a strategy for economic survival
World News 6 hr ago
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The fishing industry in India's coastal regions is facing challenges due to rising fuel prices and the volatile fuel market caused by the Strait of Hormuz crisis. To address this, many states are adopting solar and electric propulsion for their boats, leading to lower fuel costs and higher profits.
11 / 50
Price of Donovan Ferreira: The Trade That Nearly Cost Delhi Capitals’ IPL 2026 Campaign
Sports 6 hr ago
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In a high-stakes IPL trade, Donovan Ferreira's move from Delhi Capitals to Rajasthan Royals was initially seen as a strategic win for Delhi. However, in a match against Delhi, Ferreira's explosive knock nearly became the headstone for Delhi's IPL 2026 campaign. His unbeaten 47 off 14 deliveries, including three sixes in an over, propelled Rajasthan to a mammoth 225/6.
12 / 50
Jabalpur cruise tragedy: MP govt orders probe as 9 dead after Bargi dam boat capsizes
India News 7 hr ago
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9 dead, 29 rescued in Jabalpur cruise accident caused by sudden storm and strong winds. MP CM Mohan Yadav orders probe and announces ex-gratia compensation. PM Modi expresses grief and announces financial assistance. Survivors and family members allege negligence and delayed distribution of life jackets.
13 / 50
The Riyan Parag Redemption: From Being Fined For Vaping To Smoking The Ball All Around
Sports 7 hr ago
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Riyan Parag, the Rajasthan Royals (RR) captain, had a controversial 48 hours but redeemed himself with a masterful performance against the Delhi Capitals (DC). He was fined by the BCCI for vaping during a previous match, but on May 1, he led his team to a massive 225 runs with his 90 runs off 50 balls. Despite the loss, Parag proved his worth as a leader and batsman.
14 / 50
$250K Green Card scam: Fake ICE agent pleads guilty to duping immigrants
World News 8 hr ago
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Davyd George Brand Jimenez, a man from San Diego, has confessed to defrauding immigrants by pretending to be a US immigration officer. He scammed them out of thousands of dollars and created fake immigration papers. He could face a maximum of 117 years in prison, a $4 million fine, and paying restitution to 25 victims.
15 / 50
‘The Devil Wears Prada 2’ dominates with $50 mn global opening, eyes $200 mn debut weekend
Life 8 hr ago
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'The Devil Wears Prada 2' dominates the box office, earning $10 million in previews and surpassing 'Michael' and 'Project Hail Mary'. The star-studded film is predicted to have a $200 million opening weekend and is generating hype on social media. Its success is driven by nostalgia and the Met Gala, making it a must-watch.
16 / 50
2nd missing USF student Nahida Bristy confirmed dead; family speaks out
World News 7 hr ago
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Nahida S Bristy, a missing University of South Florida doctoral student, was confirmed dead after her remains were identified. Bristy and fellow student Zamil Limon, both from Bangladesh, were last seen alive on April 16 and Limon's roommate has been charged with their murder. Bristy's brother shared that she had planned to visit her family in Bangladesh before the tragic incident.
17 / 50
India’s Lord’s Mark secures global nod for HIV self-test
Healthcare 15 hr ago
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Lord’s Mark Industries has received regulatory approval to produce the LordsMed HIV 1&2 Self Test, making India a key player in global diagnostics. The license allows export of the Class D self-test, with plans to target high-demand regions like Africa, Europe, and Latin America.
18 / 50
Govt allows contract relief over West Asia conflict
Economy 16 hr ago
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The Finance Ministry has granted permission for central government procuring entities to utilize the Force Majeure Clause in contracts impacted by the West Asia conflict. This will assist contractors and vendors facing obstacles such as supply-chain issues and shipping delays. The extension period will range from two to four months with no extra charges.
19 / 50
Protect your e-documents from online frauds with digital signature
Banking & Finance 16 hr ago
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Digital signatures are crucial in preventing online fraud and ensuring authenticity, integrity, and accountability of online documents. They are created using private and public keys, making it difficult for criminals to tamper with them. However, they are not accepted for certain legal documents and must be obtained from licensed Certifying Authorities.
20 / 50
BMW F 450 GS review: Scaled down, but not watered down
Auto 16 hr ago
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The BMW F 450 GS, initially unimpressive, proved to be a comfortable and capable motorcycle during a 3-hour ride in Goa. With a twin-cylinder engine, advanced features, and a BMW badge, it stands out from competitors like the Royal Enfield Himalayan and KTM 390 Adventure. Priced at Rs 4.7-5.3 lakh, it offers the quality and capability of larger GS motorcycles at a more affordable price.
21 / 50
BSE’s F&O turnover crosses NSE for the first time in April
Market 17 hr ago
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In April, BSE's share in the futures and options market surpassed that of NSE, with a 55.4% share in notional turnover. BSE's ADT in the F&O segment grew by 20% while NSE's fell by 26%. NSE still dominates the overall options market with a 66% share. BSE's lower transaction charges and shift to Thursday expiry worked in its favor.
22 / 50
Tax buoyancy under a cloud, fiscal strain real : Vualnam
Economy 17 hr ago
This is an AI assisted summary.
The West Asia war has led to fiscal pressure and concerns about tax revenue. The government aims to maintain capital expenditure and prioritize quality in FY27. Despite fiscal stress, infrastructure spending remains a priority. Challenges include the uncertain global environment and revenue loss from excise duty cuts on fuel.
23 / 50
Canada Does What India Hasn’t! Ontario Bans Resale of FIFA World Cup 2026 Tickets
Sports 16 hr ago
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The passing of a law in Ontario, Canada strictly banning the reselling of event tickets above face value sets a global precedent. FIFA removed all World Cup 2026 tickets for Toronto's BMO Field from its official resale marketplace. In contrast, Indian sports fans still face issues due to the lack of a resale cap and a focus on revenue over fan protection.
24 / 50
Airlines diverge as fuel costs bite
Airlines/Aviation 18 hr ago
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Indian carriers are dealing with increasing ATF prices in different ways. IndiGo is pausing expansion plans and using wet-leased aircraft for international services, while Air India is reducing frequencies on important routes. Fuel prices, geopolitical tensions, and operational factors are all factors in their divergent strategies.
25 / 50
GST receipts rise 8.7% to a high of Rs 2.42 lakh crore in April
Money 19 hr ago
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April saw record-breaking GST collections of Rs 2.42 lakh crore, up 8.7% from last year. Imports and year-end transactions contributed to the surge, while domestic growth remained modest at 4.3%. Policy changes are needed to boost domestic manufacturing. Refunds also increased, indicating better processing and liquidity for businesses. Global uncertainties did not hinder this growth.
26 / 50
WATCH: Kyle Jamieson cleans up Vaibhav Sooryavanshi, celebrates in youngster’s face
Sports 19 hr ago
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The Rajasthan Royals vs. Delhi Capitals match featured a clash between 15-year-old Vaibhav Sooryavanshi and returning veteran Mitchell Starc, but it was Kyle Jamieson who stood out with his bowling and controversial celebration. While some see it as a display of passion, others criticize it as inappropriate for a seasoned player against a teenager.
27 / 50
Six First Ball, Out On Third: WATCH Mitchell Starc shows Yashasvi Jaiswal who’s the boss
Sports 7 hr ago
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Mitchell Starc's return to the IPL 2026 season was marked by a dramatic showdown with Rajasthan Royals' Yashasvi Jaiswal. After being welcomed back with a six, Starc proved his worth by taking a catch off his own bowling. His delayed arrival due to injuries was a major concern for Delhi Capitals, but his breakthrough tonight sets the tone for their quest for a playoff spot.
33 / 50
When SRK put people before paycheques: The Rs 95 lakh story from Hum Tumhare Hain Sanam
Lifestyle 21 hr ago
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Shah Rukh Khan's selflessness and compassion extend beyond his film career, as producer K.C. Bokadia shares how SRK waived his fee of Rs 95 lakh for the film Hum Tumhare Hain Sanam, saving Bokadia from having to sell his house. The film, featuring Salman Khan and Madhuri Dixit, was a personal project driven by trust and intuition.
34 / 50
Delhi Capitals IPL 2026 Points Table Situation And Playoff Qualification Scenarios
Sports 17 hr ago
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DC's journey in IPL 2026 has been challenging, currently at 7th place with only 6 points from 8 matches. A strong start, followed by a slump and 3 consecutive losses, puts them in a must-win situation for playoffs. Tonight's match against Rajasthan Royals is crucial for their chances.
35 / 50
Twin TV anchors who bet everything on a dying saree craft and came out on top
Lifestyle 21 hr ago
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In 2014, Kavea and Ramya Chavali set out to sell Uppada sarees online, despite being told they were crazy. In 2026, their brand Kalaneca was acquired by Shobitam, leading to a 5X increase in sales and opening up opportunities for 135 weaver families. The twins' passion and relentless efforts have made Uppada sarees popular and profitable, proving their initial critics wrong.
36 / 50
Is Vodafone Idea’s comeback a gain for Indus Towers – Why Nomura sees 22% upside?
Market 22 hr ago
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Nomura has given Indus Towers a ‘Buy’ rating with a target price of Rs 490, citing the company’s positive outlook and expected tenancy growth. The shift to 5G, increasing data consumption, and stabilisation of Vodafone Idea are key drivers, along with the anticipated resumption of dividends.
37 / 50
Goa govt launches real-time patient sentiment analysis to revolutionise healthcare
India News 22 hr ago
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Goa's healthcare system is being revolutionized by the state government's new patient-centric model, which uses real-time sentiment analysis to improve service quality and patient satisfaction. Health Minister Vishwajit Rane announced this initiative, which involves collecting feedback from patients and using sentiment analysis to identify areas for improvement.
38 / 50
Lodha Developers plans Rs 22,000 crore property launches in FY27
Business 23 hr ago
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Lodha Developers, a leading Indian real estate company, will launch residential properties worth Rs 22,000 crore this fiscal year. With a target of Rs 24,000 crore in bookings and a sales growth of 17%, the company plans to develop commercial properties and data centers, while cutting down on land acquisition investments to improve free cash flow.
39 / 50
KFin Tech: Buy the Dip? Brokerages cut target amid margin pressure
Market May 1, 2026
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KFIN Technologies' Q4 results received mixed ratings from brokerages. Jefferies maintains a 'Buy' rating with a target price of Rs 1,200, while Nuvama has reduced its target price to Rs 1,220 due to margin pressure. Q4 EBITDA exceeded estimates by 5%, but revenue from issuer solutions declined due to a weak primary market. KFIN Tech secured two SIF mandates and a digital contract.
40 / 50
Mukesh Ambani’s fortune declines $17 billion in 2026 so far
Business 23 hr ago
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Mukesh Ambani's net worth has dropped by $16.9 billion in 2026, standing at $90.8 billion currently. This decline is attributed to global trade tensions, surging oil prices, and the company's core business, petrochemicals, still accounting for over 50% of its revenue. Reliance Industries' share price has also dropped by 8.8% this year
41 / 50
LIVE: Bengal on edge ahead of results, Suvendu ‘monitoring’ Bhabanipur strong room
India News 43 min ago
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West Bengal remains on high alert as the state nears the May 4 counting day for the assembly elections. Tensions are high between the Trinamool Congress and the Bharatiya Janata Party, with a focus on the security of Electronic Voting Machines in strongrooms.
42 / 50
IOC says consumers won’t be impacted; price of select industrial petroleum products raised
Business May 1, 2026
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IOC announces limited price hikes for industrial fuel like bulk LPG and fuel for international airlines. 16% of petroleum products have seen an increase, while household fuel and domestic airline's ATF remain unchanged. IOC said that OMCs adopted a calibrated approach to protect consumers and ensure economic stability. Around 4% of petroleum products have seen a price decrease also.
43 / 50
Ravi Kota appointed HAL Chairman & Managing Director for 3 years
Business May 1, 2026
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Ravi Kota, with 30 years of experience in the aerospace and defense sector, has been appointed as the new Chairman and Managing Director of HAL for a 3-year term starting from May 1, 2026. His focus will be on driving the company's global ambitions and transforming it into a competitive enterprise,
44 / 50
UPI growth surges in FY26: Hits record 24,162 crore transactions worth Rs 314 lakh crore
Business May 1, 2026
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The government data reveals that UPI has processed transactions worth Rs 314 lakh crore in FY26, showcasing its growing popularity and dependability. It has become a crucial element of India's digital economy, facilitating financial inclusion and instant payments. The impressive results are attributed to higher merchant acceptance, smartphone usage, and policy efforts.
45 / 50
Opposition calls PM ‘Inflation Man Modi’, says ‘not cylinders, roti-thali gets costlier’
India News May 1, 2026
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Opposition parties slam PM Modi for LPG price hike, accusing him of intentionally delaying it to avoid election backlash. Congress demands rollback and stronger measures to tackle inflation. Samajwadi Party chief calls Modi 'inflation man'. Businesses and domestic inflation also major concerns.
46 / 50
Summer Special trains to run on LTT Mumbai-Madgaon route – Check full schedule
Business May 1, 2026
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Central Railway has announced additional Summer Special trains between Mumbai and Madgaon to ease congestion and provide more travel options. The trains will run on May 3 and 4, 2026, with stops at important stations along the Konkan route. The train composition includes AC, sleeper, and ordinary coaches, and tickets can be booked online or at reservation counters.
47 / 50
‘Time to say goodbye’ – Jeffrey Epstein’s real suicide note kept sealed for 7 years
US News May 1, 2026
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A suicide note believed to have been written by Jeffrey Epstein has remained locked inside a New York courthouse for nearly seven years, never seen by the public or included in official investigations into his death, according to The New York Times.
48 / 50
Assembly Elections: EC rolls out new QR code system amid EVM tampering claims in Bengal
India News May 1, 2026
This is an AI assisted summary.
ECI introduces QR code-based Photo ID system for upcoming elections in Assam, Kerala, Tamil Nadu, West Bengal, Puducherry, and by-elections in seven constituencies. This aims to ensure integrity and transparency amid tensions, especially in Kolkata where TMC has raised concerns. The system will be used at three-tier security layers near counting halls through ECINET.
49 / 50
US awarded $1.6 bn contract to a Kazakh firm, now Trump’s sons are stakeholders
US News May 1, 2026
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Trump’s sons, Donald Trump Jr. and Eric Trump, have quietly expanded the family's business footprint into the high-stakes world of critical minerals. According to the Financial Times, the duo has acquired a position in a US-backed mining venture that recently secured major financial support from agencies under Trump’s administration.