Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank is currently trading at Rs. 1095.00, up by 15.65 points or 1.45% from its previous closing of Rs. 1079.35 on the BSE.

The scrip opened at Rs. 1075.00 and has touched a high and low of Rs. 1114.35 and Rs. 1075.00 respectively. So far 24,229 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1114.35 on 18-Oct-2017 and a 52 week low of Rs. 692.40 on 04-Jan-2017.

Last one week high and low of the scrip stood at Rs. 1114.35 and Rs. 1038.30 respectively. The current market cap of the company is Rs. 2,08,593.00 crore.

The promoters holding in the company stood at 30.07%, while Institutions and Non-Institutions held 48.33% and 21.60% respectively.

Kotak Mahindra Bank and fintech firm Zeta have unveiled ‘Paymint’, a multi-wallet digital prepaid solution for salaried employees.

Paymint enables corporates to offer a host of benefits to its employees including meal vouchers, medical reimbursements, leave travel allowances, conveyance, and fuel allowances, among others to maximize tax benefits for employees and optimize the process of making claims.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.