Kotak Bank rejig sends Federal Bank shares down 8% today. Here is why
Kotak Bank: Federal Bank shares dropped by 7.97 percent, reaching a low of Rs 150 on the BSE. Meanwhile, Kotak Mahindra Bank shares were trading 0.84 percent higher at Rs 1,746.05 on the BSE. Federal Bank Ltd witnessed an 8 percent plunge in its shares during Tuesday’s trading session. This drop came as Kotak Mahindra…