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Kotak Mahindra Bank Shares Jump 4% on New MD, CEO Appointment

Kotak Mahindra Bank shares rose nearly 4% in early trading on the BSE on Thursday, October 1, following the announcement of a new managing director and CEO.

KOTAKBANK

Kotak Mahindra Bank shares rose almost 4% in morning trade on the BSE on Thursday, 1 October, after the company said it had appointed a new managing director and chief executive officer of the bank.