Kotak pays ₹11 crore a year for BKC station name: BMC Commissioner

BMC Commissioner Ashwini Bhide revealed on the podcast that Kotak Bank pays around ₹11 crore per year for BKC station's naming rights, taken for five years, while SBI picked up stations, including the airport's. Times bagged metro-wide outdoor advertising at ₹68 crore annually. Such non-farebox revenue totals ₹150-200 crore a year, helping cover the metro's operating gap in initial years.

Load More