Indias Kotak Mahindra Financial institution slumps as earnings spark asset high quality issues

(Reuters) -Shares of India’s Kotak Mahindra Financial institution had been on observe for his or her worst day in additional than a yr on Monday, as a quarterly earnings miss sparked issues of worsening asset high quality. The inventory fell 6.4% to 1,988.60 rupees, the bottom since mid-March and was the worst performer on India’s … Read more