To support the stellar efforts of the Government of India and the State Government of Maharashtra in their preventive, curative, rescue, relief and rehabilitation operations against the Corona Virus pandemic, Kotak Mahindra Bank (Kotak) today announced an immediate commitment of Rs 35 crore towards COVID 19 relief operations. Of this, Kotak Mahindra Bank commits Rs 25 crore to 'Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund' (PM CARES Fund) and Rs 10 crore to Maharashtra Chief Minister's Relief Fund - COVID 19.
Further, Uday Kotak announced his personal commitment of Rs 25 crore to the PM Cares Fund.
Shares of KOTAK MAHINDRA BANK LTD. was last trading in BSE at Rs.1397.95 as compared to the previous close of Rs. 1389. The total number of shares traded during the day was 363333 in over 24477 trades.
The stock hit an intraday high of Rs. 1452.15 and intraday low of 1376. The net turnover during the day was Rs. 512762710.