Kotak Mahindra Bank Ltd. 500247 shares dropped 3.26% to 1,779.25 Indian rupees Monday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index 1 falling 1.

Kotak Mahindra Bank's stock has demonstrated a consistent upward trajectory following a bear trap formation in early May 2024. Traders can buy for a target of Rs 2050-2150 in the medium term,” Aashish Shetty,

Kotak Mahindra Bank's Milind Nagnur resigned from his positions as chief operating officer and chief technology officer, effective Feb. 15, due to personal reasons, the Indian private lender said on Friday.

Milind Nagnur is set to depart as CTO and COO of Kotak Mahindra Bank, effective February 15, 2025. Read this article to know more!

The Reserve Bank of India approved HDFC Bank’s application for group entities to acquire not more than 9.5 per cent aggregate stake in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Fin

Nagnur cited personal reasons for his departure, including plans to relocate to the United States to care for family members. In his resignation letter, he expressed gratitude to the bank's leadership and colleagues for their support during his tenure.

In April 2024, the banking regulator had barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels as well as from issuing fresh credit cards.

In his resignation letter, Nagnur stated that he intends to relocate to the United States to care for family members

Kotak Mahindra Bank’s (KMB) senior official Milind Nagnur, who held the position of CTO and COO at the bank, has resigned from his post citing personal reasons after a mere 2.5 years stint, according to an exchange filing.