Indian banks post 20% earnings rise in Q2 FY27: Kotak

Indian banks under Kotak Institutional Equities' coverage reported 20% year-on-year earnings growth in Q2 FY27, driven by 15% NII growth, 15% rise in operating profit, and a 25% decline in provisions. Private banks grew ~25%, while public sector banks ~20%. Kotak expects NIMs to improve further, aided by better loan mix and stable asset quality.