Kotak Mahindra Bank shares in focus after bank approves 1:5 share split plan

Kotak Mahindra Bank shares will be in focus following the board's approval for a 1:5 stock split. This move aims to make shares more affordable and boost market participation, especially from retail investors. The bank has not yet announced the record date for this corporate action. Recent quarterly results showed profit in line with estimates, with net interest income rising.