Axis Bank is bigger than Kotak Mahindra Bank first time after September 2015

CNBC-TV18.com

Published April 25, 2024

Shares of Kotak Mahindra Bank fell 10.5% to Rs 1,650. The lender's market capitalization stood at ₹3.29 lakh crore.

Axis Bank's market capitalization stood at ₹3.39 lakh crore.

Axis Bank overtakes Kotak Bank to become the third largest private bank stock of India.

Last 3-year returns - Kotak Mahindra Bank -4% Axis Bank +66%