Kotak Mahindra Bank, one of the leading private sector lenders, has revised its base rate downward by 10bps to 9.30% p.a. with effect from January 6, 2017.

Total volume of shares traded on the bourses today was higher by 60.49% to 2,235,173 compared with 22-day average volume of 1,392,676.

Shares of the bank gained Rs 3.75, or 0.54%, to settle at Rs 698.65. The total volume of shares traded was 54,970 at the BSE (Thursday).