Flexible product mix helped Kotak keep slippages in check: Diwan

Kotak Mahindra Bank reported good set of third quarter earning where it beat street estimates on all major parameters.

Reacting to the results, market expert Prakash Diwan said that BanKs flexible in terms of changing their product mix have kept slippages in check.

Speaking to CNBC-TV18, he said that banks like Yes Bank, IndusInd Bank and Kotak Bank are offering a very different growth trajectory compared to public sector banks.

In the same interview, R Sreesankar of Prabhudas Lilladher said that these are very good set of numbers and the banks operating profit numbers have beaten estimates.