VERIFIEDET Stocks·6 Jul 2026positive

Kotak Mahindra Bank shares in focus after Q1 advances jump 15% to Rs 5.12 lakh crore, deposits up 12%

AI Summary

·Kotak Mahindra Bank's net advances increased by over 15% year-on-year to Rs 5.12 lakh crore in Q1 FY27.
·Deposits for the bank grew by nearly 12% to Rs 5.73 lakh crore during the same period.
·The bank recently announced the acquisition of Deutsche Bank's India retail and wealth management business.