Kotak Mahindra Bank500247Banking
RBI approved appointment of Anup Kumar Saha as next MD and CEO of Kotak Mahindra Bank for 3 years
- Stock gain today
- 4 percent
- New CEO tenure
- 3 years
Heard on Live TV News Channel between 10:32:12 - 10:35:12 IST.
- RBI green-lighted Anup Kumar Saha as the next MD and CEO for a 3-year term.
- He succeeds outgoing CEO Ashok Vaswani, whose term ends in January next year.
- Stock was up 4% and was the top Nifty gainer.
Also from Kotak Mahindra Bank
HSBC upgraded Kotak Mahindra Bank from hold to buy with a higher target price of 520 rupees, citing growth outlook after new CEO appointment; Geojit's Gaurang Shah also turned positive on the stock
7 Oct 2026
Chandan Taparia recommended buying Kotak Mahindra Bank on dips, citing strong resilience and a broader range setup
7 Oct 2026
Mitesh Thakkar gave a technical buy call on Kotak Bank stock on a fresh swing high
7 Oct 2026
Source: Live TV News Channel · 1 Oct 2026
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