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Kotak Mahindra Bank shares drop over 3% as CEO Ashok Vaswani opts out of second term

As reported by mint - markets
Kotak Mahindra Bank shares witnessed some profit booking as its chief executive officer (CEO), Ashok Vaswani, said he will step down at the end of his current term on 31 December 2026.
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Kotak Mahindra Bank shares experienced a drop of over 3% after CEO Ashok Vaswani announced he would not seek a second term. His current tenure is slated to end on December 31, 2026. This news led to some profit booking, reflecting investor sentiment regarding the upcoming…

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