KOTAKBANK news
Shares of KOTAKBANK has hit its 52-week high on Thursday, February 13, as investors turn positive after Reserve Bank of India (RBI) lifted restrictions on the bank’s digital operations.
During the intraday trade, the private sector lender was trading at ₹1,977.1, rising 1.37%. The stock has hit its 52-week high of ₹1,987.55 apiece during the opening bell.
The RBI on Wednesday lifted the supervisory restrictions imposed on Kotak Mahindra Bank, allowing the private lender to resume onboarding new customers through its online and mobile banking channels and issue fresh credit cards.
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