Kotak Mahindra Bank is currently trading at RS 1975.80, up by 32.50 points or 1.67% from its previous closing of RS 1943.30 on the BSE.

The stock opened at RS 1969.90 and touched a high of RS 1992.00 and a low of RS 1965.75. So far, 97,675 shares have been traded. The BSE group 'A' stock, with a face value of RS 5, recorded a 52-week high of RS 1992.00 on 13-Feb-2025 and a 52-week low of RS 1544.15 on 03-May-2024.

In the past week, the stock's high and low stood at RS 1992.00 and RS 1904.75, respectively. The company's current market capitalization is RS 393,085.08 crore. The promoter's holding in the company stands at 25.89%, while institutional and non-institutional investors hold 61.22% and 12.90%, respectively.

The Reserve Bank of India (RBI) has lifted the nine-month-old restrictions on Kotak Mahindra Bank, allowing it to onboard new customers through online and mobile banking channels. The RBI has also permitted the bank to issue fresh credit cards.

In April 2024, the RBI had imposed restrictions on the bank, prohibiting it from onboarding new customers and issuing credit cards due to supervisory concerns. However, Kotak Mahindra Bank implemented remedial measures and submitted compliance reports to the RBI. The bank also conducted an external audit with RBI approval to validate compliance.

Kotak Mahindra Bank provides a wide range of banking products and financial services to corporate and retail customers, including personal finance, investment banking, life insurance, and wealth management.