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Kotak Mahindra Bank pips State Bank of India in market capitalisation

Kotak Mahindra Bank also, for the first, time has become the second-most valued bank in the country after HDFC Bank, which commands a market capitalisation of Rs 5.03 trn

Samie Modak 

Kotak buys out Old Mutual's 26% stake for Rs 1,293 cr in insurance arm

Private sector lender on Monday surpassed state-run of India (SBI) in terms of

At the start of the year, SBI’s market value was 44 per cent more than that of Since then, shares of have corrected 19 per cent, while that of have risen 16 per cent.

On Monday, was valued at Rs2.23 trillion, while SBI’s market value was Rs 2.22 trillion. also, for the first, time has become the second-most valued in the country after HDFC Bank, which commands a of Rs 5.03 trillion.

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First Published: Tue, April 17 2018. 00:07 IST
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