Kotak Mahindra Bank shares in focus after lender appoints Anup Kumar Saha as next CEO. Here’s what Nomura and Jefferies expect

Kotak Mahindra Bank shares will be in focus after the lender appointed Anup Kumar Saha as its new MD and CEO for a three-year term starting January 1, 2027. Saha will succeed Ashok Vaswani, who has opted not to seek reappointment. Here's what brokerages Nomura and Jefferies said about the leadership transition, its implications for the bank's strategy and investor sentiment.