Recent financial disclosures from Mumbai highlight an unexpected 14% decline in quarterly profit at Kotak Mahindra $KTKSENSEX.BO. Despite robust loan growth and a notable rise in deposits, the bank's increased provisions for potential bad loans have significantly impacted earnings. This analysis delves into the key metrics and nuances that are influencing the bank’s performance.

Dubai's largest bank, Emirates NBD, has entered into a significant partnership with Aqua how, a company specializing in digital assets. This collaboration aims to integrate cryptocurrency services into its digital banking platform, Liv, thereby opening up new horizons for users and confirming the growing trend of banks embracing the cryptocurrency realm.