Kotak Mahindra Bank Leads Stock Highlights as RBI Lifts Restrictions

Kotak Mahindra Bank shares surged nearly 2% on February 13 after the Reserve Bank of India lifted restrictions on onboarding new customers and issuing credit cards. This development follows Kotak's compliance with remedial measures and external audit validation. Analysts are optimistic, with CLSA and HSBC maintaining "Buy" ratings and price targets of ₹2,125 and ₹2,210, respectively. Other stocks in focus today include ICICI Bank, RailTel, Vakrangee, Medi Assist, RCF, and Honasa Consumer.

 

Sources: CNBC TV18, Outlook Business, Moneycontrol