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Kotak Mahindra Bank informs about updates

08 Sep 2023 Evaluate

With reference to item no. (b) of its letter dated September 2, 2023 and in terms of Section 10B (9) of the Banking Regulation Act, 1949, Kotak Mahindra Bank has informed that the Reserve Bank of India has, vide its letter dated September 7, 2023, approved the appointment of Dipak Gupta as the interim Managing Director & CEO of Kotak Mahindra Bank, for a period of two months, with effect from September 2, 2023. The above information is also being hosted on the Bank's website https://www.kotak.com/en/investor-relations/governance/sebi-listing-disclosures.html in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 

The above information is a part of company’s filings submitted to BSE.



Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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