Nirmal Bang

Nirmal Bang, one of the leading stock broking companies in India, caters to retail and institutional clients by offering them a range of financial products and services, including equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.

Nirmal Bang is drawn from a diversity of professional backgrounds, and blend of experience, skill and dedication is shared with its clients. Nirmal Bang emphasizes adequate, thorough research local and world-wide developments, balancing these with the astute discovery of intrinsic values, synergies and growth. The aim is simply to help the investors to maximize their returns.

A Relationship Beyond Broking

External broker reports(aggregated public sources), Nirmal Bang

External broker reports(aggregated public sources)

Equity Bottom-Up

<div><div><div><div><ul><li>Credit growth aided by retail loans: Overall loans increased by 21.3% YoY and 7.2% QoQ.</li></ul><div><div><div><div><ul><li>NII growth led by NIM expansion and strong loan growth: Calc. NIM expanded by 28bps YoY and 7bps QoQ.</li></ul><div><div><div><div><ul><li>Stepping up efforts on SA sourcing: Overall deposits increased by 11.3% YoY and 2.1% QoQ, implying improving credit/deposit ratio, which directly translated into better margins for 4QFY22.</li></ul></div></div></div></div></div></div></div></div></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Credit growth aided by retail loans: Overall loans increased by 21.3% YoY and 7.2% QoQ.NII growth led by NIM expansion and strong loan growth: Calc. NIM expanded by 28bps YoY and 7bps QoQ.Stepping up efforts on SA sourcing: Overall deposits increased by 11.3% YoY and 2.1% QoQ, implying improving credit/deposit ratio, which directly translated into better margins for 4QFY22.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

4QFY22 Result Update - Kotak Mahindra Bank