Morgan Stanley bullish on Kotak Mahindra Bank. (Photo source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Kotak Mahindra Bank Ltd. is best set up to generate growth in an improving economy, Morgan Stanley said on Tuesday, noting that “The loan book is well diversified, with leverage to commercial banking, vehicle financing, and unsecured loans. Incremental spreads will improve and aid faster loan growth. We expect strong compounding and re-rating.”

Morgan Stanley believes that Kotak Bank has the best setup after two years of challenges. In two years, the bank navigated management transition, RBI embargo limiting unsecured loan growth, and asset quality issues in the MFI segment. This, amid a tough macro climate and high competition, limited growth accele

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