The bank had sold 2.17 crore fresh equity shares to institutional investors at Rs 174 per share last week.
The central bank is moving towards risk-based recognition, says Nirmal Bang Securities.
For the quarter ended March, net NPAs dropped to 1.28% of net advances from 1.34% a year earlier.
Co-operative banks can also choose not to own point of sale terminals and instead build a third party network without prior approval of RBI.
Kotak reported a 21% annualised loan growth in the fourth quarter driven by demand for retail loans.
Total loans of the bank increased 51% to Rs 23,543 crore.
While the stock may react positively to the March quarter numbers, a meaningful re-rating may depend on improvement in business performance parameters.
In case an Indian company acquires a foreign company, any borrowing from overseas sources must conform to the ECBnorms or other norms as applicable.
RBI can also use its discretionary powers to sack the bank management, supersede the board, restrict access to deposits, staff expansion, capital expenditure or restrict lending altogether.
More than half (77%) of finance executives of Indian companies surveyed expect moderate to substantial economic expansion in 2017, according to the Global Business & Spending Outlook survey.
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