Kotak Mahindra Bank500247Banking
Kotak Mahindra Bank shares climbed after posting 25% growth in advances and 23% rise in deposits, including FCNR(B) inflows of close to 6 billion dollars
- Advances growth
- 25 percent
- Deposits growth
- 23 percent
- FCNRB inflows
- close to 6 billion dollars
- Advances against FCNRB deposits
- close to 2 billion dollars
Heard on business television between 13:02:00 - 13:05:00 IST.
- Advances grew 25% and deposits rose 23% in the update.
- FCNR(B) inflows accounted for close to 6 billion dollars of the deposit growth.
- Advances against these FCNR(B) deposits were close to 2 billion dollars.
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Source: Live TV News Channel · 6 Oct 2026
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