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DynamicLevels
19 Jul 2016
Kotak Bank Eclipses Deutsche Bank In Market Cap
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MUMBAI: Kotak Bank's market capitalisation has surpassed that of Deutsche Bank, also in the past three months, Kotak Bank share price has surged more than 13 percent, compared to 11.8 percent spurt in case of India's largest private sector lender, ICICI bank. Brexit has led to the success of Kotak Bank while it has had an adverse impact on the German bank (Deutsche Bank). As per Bloomberg, Kotak Bank's market capitalisation has grown to 21.2 billion dollars while that of Deutsche Bank has reduced to 19.76 billion dollars.
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