BANKING & FINANCE
Kotak Mahindra Bank Q1 Profit Jumps 26% On Strong Loan Growth And NII
Kotak Mahindra Bank reported a 26% year-on-year rise in standalone net profit to ₹4,123 crore for the first quarter of FY27, aided by steady growth in net interest income (NII), healthy loan expansion and a sharp decline in credit provisions. The bank had posted a profit after tax (PAT) of ₹3,282 crore in the corresponding […]
CW Bureau
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Jul 18, 2026
BANKING & FINANCE
As Vaswani Declines Another Tenure, Kotak Mahindra Bank Starts CEO Hunt
Kotak Mahindra Bank (KMB) has initiated the search for a new Managing Director & Chief Executive Officer after incumbent MD & CEO Ashok Vaswani informed the board that he does not wish to seek reappointment upon the completion of his current term on December 31, 2026, citing personal reasons. The bank’s board, at its meeting […]
CW Bureau
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Jun 27, 2026
BANKING & FINANCE
Kotak Mahindra Bank Bets On SME, Institutional Segments For Growth
Leading private sector lender Kotak Mahindra Bank Ltd is sharpening its focus on SME and institutional businesses as key growth drivers, while leveraging the group’s diversified financial services structure to scale up its franchise. The SME franchise, which accounts for nearly 24% of the bank’s advances book, continues to anchor primary banking relationships and deliver […]
CW Bureau
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May 9, 2026
BANKING & FINANCE
Kotak Mahindra Bank Q4 Profit Rises 13% On Strong Income, Asset Quality
Kotak Mahindra Bank Ltd (KMBL) reported a 13% increase in standalone net profit at ₹4,027 crore for the March quarter, driven by higher interest income and improved asset quality. Net Interest Income rose 8% to ₹7,876 crore, while Net Interest Margin contracted to 4.67% from 4.97%. Cost of funds declined to 4.45% from 5.09%. Fee […]
CW Bureau
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May 2, 2026
BANKING & FINANCE
Kotak Life Ranks 2nd In Customer Experience Study By Hansa Research
Kotak Mahindra Life Insurance Company Ltd (Kotak Life) has been ranked second among India’s life insurers in the Hansa Research Life Insurance Customer Experience Study (CuES) 2026, reflecting strong customer trust and engagement. Strong customer metrics The company recorded a Net Promoter Score (NPS) of 60, indicating high levels of customer loyalty, advocacy and satisfaction […]
CW Bureau
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Apr 10, 2026
BANKING & FINANCE
Kotak Mahindra Capital Sells 30.99% Infina Finance Stake For ₹1,294 Cr
Kotak Mahindra Capital Company Ltd (KMCC), a wholly owned subsidiary of Kotak Mahindra Bank Ltd, is divesting a 30.99% stake in Infina Finance Pvt Ltd for ₹1,294 crore, as it looks to pare non-core holdings and free up capital. Stake sale details The transaction, disclosed in a regulatory filing, involves multiple buyers. KMCC will sell […]
CW Bureau
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Mar 22, 2026
