Pending — not yet graded
“Bullish on Kotak Mahindra Bank, projecting a 4% upgrade to its pretax earnings. The bank secured Rs 848 billion in FCNR(B) deposits, representing 14.8% of its deposit base, the highest among large private banks, indicating a strong positive impact from these inflows.”
Nomura Analysis’s track record: 3 graded calls · 95% CI 6–79%
Kotak Mahindra BankBullishCalled 08 Sep 2026
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