* NSE, BSE indexes at record closing highs
* Nifty breaches 11,700 level
Aug 27 (Reuters) - Indian shares closed at record levels on Monday, with the NSE index breaching the 11,700 level for the first time, helped by positive global cues and gains in bank stocks.
Both the benchmark BSE index .BSESN and the broader NSE index .NSEI ended roughly 1.2 percent higher at all-time highs. The BSE index crossed the 38,700 level for the first time.
ICICI Bank ICBK.NS , India's third-largest lender by assets, rose 2.9 percent, while Kotak Mahindra Bank KTKM.NS advanced 1.68 percent.
The Nifty PSU bank index .NIFTYPSU , which tracks India's state-owned lenders, closed at 2.16 percent higher after hitting its highest level since Aug.21.
For midday report, click