Kotak Mahindra Bank shares jump 4% as Q2 net advances rise 25% YoY, deposits up 23%

06 Oct 2026 · 09:19

Kotak Mahindra Bank shares jump 4% as Q2 net advances rise 25% YoY, deposits up 23%

Shares of Kotak Mahindra Bank rallied 4% to their day's high of Rs 431 on the NSE on Tuesday after the private lender released its provisional business update for the July-September quarter of FY27, reporting nearly 25% year-on-year rise in net advances to Rs 5.77 lakh crore.The company released the update in post-market hours on Monday, showing growth in end-of-period advances from Rs 4.63 lakh crore reported in the corresponding quarter of the previous financial year. Sequentially, Kotak Mahindra Bank’s net advances increased around 13% from Rs 5.12 lakh crore in the April-June quarter of th

07 Oct 2026 · 09:36

Utkarsh Small Finance Bank shares rally 7% after Q2 disbursements jump 55% YoY, deposits rise 7%

Shares of Utkarsh Small Finance Bank jumped 7% to Rs 14.47 on the BSE on Wednesday after the company released its provisional business update for the second quarter of FY2027, reporting a 55% jump in total disbursements from the same period last year.Utkarsh Small Finance Bank released its Q2 business update in the post-market hours on Tuesday, announcing that its total disbursements stood at Rs 3,525 crore during the July-September quarter of FY27. This marks a sharp 55% surge from the Rs 2,275 crore reported in the second quarter of FY26. Sequentially, total disbursements grew nearly 5% quar