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Kotak Mahindra Bank reported robust Q3FY26 growth, with net advances rising 16% YoY to Rs 4.8 lakh crore and deposits increasing 15% to Rs 5.43 lakh crore. Sequentially, both advances and deposits saw steady improvement. CASA grew 12% YoY, while the stock remained resilient, delivering 19% returns over the past year. The numbers are provisional and part of Kotak Bank's quarterly updates. It will announce its detailed earnings later.
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Torrent Pharmaceuticals plans to raise Rs 12,500 crore through secured, rated NCDs via private placement. The fundraising follows committee approval and comes amid strong stock performance and robust earnings growth in the September quarter.
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Donald Trump has said that American oil firms will invest billions to produce oil in Venezuela.
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