CS Rajan's appointment as part-time chairman of the bank comes as the incumbent part-time chairman Prakash Apte's tenure comes to an end on December 31.
Shares of private sector lender Kotak Mahindra Bank declined nearly 4 per cent in initial trade on Monday after the company's June quarter results failed to cheer investors.
Hot stocks today: Benchmark indices rose in Thursday s early deals amid a volatile trading session. Adani Transmission, Brightcom Group, Shree Cement, South Indian Bank among hot stocks on Thursday, June 1, 2023.