Shares of Kotak Mahindra Bank are in focus as the board convenes to consider a stock split today. The current face value of ...

Back in September 2010, Kotak Mahindra Bank's board had approved the split of one equity share of face value of ₹10 into two equity shares of face value of ₹5 each.

A stock split is typically carried out to increase the number of outstanding shares and improve liquidity by making the stock ...

Shareholders of five shariah-based troubled lenders, which are being merged into a large Islamic bank, lost hundreds of crores as the central bank announced that the shares now carry no value.