Kotak Bank shares rise over 2% as RBI lifts restrictions on new bank account opening, credit card issuance

The shares of private lender Kotak Mahindra Bank climbed as much as 2.3% on Thursday to Rs 1,987.55 on the BSE after the Reserve Bank of India (RBI) lifted its restrictions on the former with respect to issuance of new credit cards and bank accounts opening through online or mobile banking…