New Delhi, Oct. 29 -- Kotak Mahindra Bank shares settled with a 4.3% gain in Thursday's trade on October 29, closing at R 459 apiece, their highest level since April 2025, amid a broader rally in banking stocks. The rally also marked the stock's biggest single-day gain in over a year, offering some relief to the lender's shares, which have been under pressure lately.

Meanwhile, the Delhi High Court has directed major social media platforms, including Meta, Google, Telegram, X, and LinkedIn, to remove hundreds of fraudulent accounts impersonating Kotak Mahindra Bank and Kotak Securities and share details that could help identify the operators with the bank, as per the Business Line.

According to the report, the court also directed the Mi...