New Delhi, Nov. 17 -- Kotak Mahindra Bank share price rose as much as 1.12% to Rs.2,103 apiece in Monday's trading session after the company said its board will meet this week to consider and approve a stock split.

The private lender stock has remained volatile in the near term. Kotak Mahindra Bank share price fell 4.3% in a month; however, it has gained 22.53% in one year.

Kotak Mahindra Bank, one of India's biggest private sector lenders, announced on Friday, November 14, that its board will meet next week to discuss a stock split. The board meeting is scheduled for Friday, November 21.

"We wish to inform you pursuant to the provisions of Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosu...