As per Kotak, the company has seen no major signs of stress in any other retail segment. Corporate slippages of Rs 2,470 crore (nearly 4.2 percent of corporate loans) were mainly from outside the ‘BB and below’ book (nearly 70 percent of corporate slippages) and were largely driven by stockbroking account (fully provided during the quarter) and a South India-based industrial account. … [Read more...] about Kotak advises accumulating these 10 large-cap stocks amid virus-led uncertainty
