Live Breaking News & Updates on Kotak Mahindra Bank To Rs
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The RBI said Kotak Mahindra Bank was found to be non-compliant with the corrective action plans issued for 2022-23. The lender lacks ‘robust IT infrastructure and IT Risk Management framework’, and its online and digital banking channels have suffered frequent outages in the last two years ....
Kotak Mahindra Bank shares hit a low of Rs 1,855 on BSE, but were later trading at Rs 1,891.70, up 0.28 per cent. Foreign portfolio investors accounted for 39.43 per cent of the private bank's stake at the end of March quarter.
Kotak Mahindra Bank Q4 results review: Nuvama Institutional has raised its target on Kotak Mahindra Bank to Rs 2,140 from Rs 1,980 earlier but has retained its 'Hold' on the stock.