Kotak Mahindra Bank trades higher on launching Kotak NationBuilders Salary Account

Kotak Mahindra Bank is currently trading at Rs. 1743.00, up by 5.70 points or 0.33% from its previous closing of Rs. 1737.30 on the BSE.

kotak mahindra bank jumps up on the bourses e1634539339983
kotak mahindra bank jumps up on the bourses e1634539339983

The scrip opened at Rs. 1738.00 and has touched a high and low of Rs. 1748.20 and Rs. 1721.95 respectively. So far 61153 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 2252.45 on 27-Oct-2021 and a 52 week low of Rs. 1627.25 on 30-Jul-2021.

Last one week high and low of the scrip stood at Rs. 1880.40 and Rs. 1718.80 respectively. The current market cap of the company is Rs. 345782.72 crore.

The promoters holding in the company stood at 25.98%, while Institutions and Non-Institutions held 57.46% and 16.56% respectively.

Kotak Mahindra Bank (KMBL) has launched Kotak NationBuilders Salary Account – a Corporate Salary Account proposition exclusively designed to cater to the needs of employees of PSUs and Government – who are partners in nation building.

The Kotak NationBuilders Salary account is being offered to all salaried individuals working with the Central, State government and Public Sector employees and will provide access to a full range of products and services with several attractive features and benefits that include a lifetime zero balance account.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.

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