Kotak Mahindra Bank, Prabhudas Lilladher said, is a solid banking franchise with strong balance sheet, prudent credit practices and attractive RoA profile.
Kotak Bank: In the case of Vaswani's appointment, the Street was expecting the only two contenders for the bank's CEO post were Kotak Mahindra Bank's two existing Executive Directors.
Kotak Mahindra Bank continues to guide for steady trends in retail payment defaults, and aims to further increase the mix of unsecured loans, said brokerage Motilal Oswal.
The succession at Kotak Mahindra Bank has been a hot topic for months as it has been a founder-led institution from its very beginning as a small finance firm in 1985.