Kotak Mahindra Bank Shares Jump 4% As Q2 Advances Rise 24.7%, Deposits Grow 23.2%
Kotak Mahindra Bank shares climbed over 4% in early trade on Tuesday after the private sector lender reported robust growth in advances and deposits for the quarter ended September 30. The stock was trading 3.52% higher at Rs 431 on the Bombay Stock Exchange at 10.50 am. The bank's net advances increased 24.7% year-on-year to Rs 5.77 lakh crore as of September 30. Total deposits rose 23.2% from a…
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