BusinessRBI Approves Anup Saha as Kotak Mahindra Bank MD-CEO
The Reserve Bank of India has approved Anup Saha as the new MD-CEO of Kotak Mahindra Bank. Analysts at PL Capital are optimistic about this appointment, raising the target share price despite concerns over loan growth and capital utilization. The leadership change is seen as a positive factor for the bank's stock performance.
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