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

Kotak Mahindra Bank's net advances surged over 15% year-on-year to Rs 5.12 lakh crore in Q1 FY27, with deposits growing nearly 12% to Rs 5.73 lakh crore. The bank also recently announced the acquisition of Deutsche Bank's India retail and wealth management business. Shares have shown some recovery after a recent dip, with the stock currently valued at nearly Rs 3.95 lakh crore.

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