Kotak Mahindra Bank shares hit 52-week low amid clarification on FDR case
The clarification comes amid heightened market sensitivity to governance-related developments in the banking sector, with the stock witnessing selling pressure following the emergence of the report
The News Flicker
The clarification comes amid heightened market sensitivity to governance-related developments in the banking sector, with the stock witnessing selling pressure following the emergence of the report
Shares of Kotak Mahindra Bank fell sharply on Monday, declining 4 per cent on the National Stock Exchange to 353.45 after hitting a 52-week low of 351.65, as investors reacted to reports of an allege…
Originally published by BusinessLine. Read the full article →
More from World News
SBI Funds Management IPO Subscribed Over 3 Times On Final Day; GMP Signals 16% Listing Gain
SBI Funds Management’s Rs 9,813-crore IPO received strong investor demand on the final bidding day, with the issue subscribed 3.3 times by July 16 morning. Non-institutional investors led the subscription, while grey market trends indicated a possible 16% lis…
The News Flicker·July 16, 2026
ITR 2026: Common income tax return filing mistakes that cost employees lakhs
A careful, timely, and well-documented filing approach can help employees avoid notices, interest, penalties, and refund delays while ensuring that all eligible deductions and benefits are correctly claimed. The Income Tax Return (ITR) filing due date for sal…
The News Flicker·July 16, 2026
Rubber plantation of 1.80 lakh hectares completed in North East under Project INROAD in 5 years
Project INROAD has established over 179,000 hectares of new natural rubber plantations. This initiative, funded by four tyre companies, is nearing its 200,000-hectare target. The project has also strengthened local nurseries and grower capacities significantl…
The News Flicker·July 16, 2026