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Kotak Mahindra Bank announced that the loan portfolio of Kotak Mahindra Investments (KMIL), aggregating to an outstanding amount of Rs. 9,587.62 crore as on 01 July 2026, stand directly assigned to the Bank, with effect from the same date. The aforesaid direct assignment has been effected in furtherance of the decision of the Bank to conduct the business activities of KMIL departmentally within the Bank on and from April 1, 2026, in compliance with the provisions of the Reserve Bank of India (Commercial Banks - Undertaking of Financial Services) Directions, 2025 and in the interest of group simplification and to drive operations synergies.

Kotak Mahindra Bank has executed a business transfer agreement with Deutsche Bank Aktiengesellschaft (acting through its branch in India) (DBAG) (BTA) on 30 June 2026 for the acquisition of DBAG`s retail banking, private banking and wealth management business in India (Business Undertaking) as a going concern on a slump sale basis, subject to requisite approvals and the fulfilment of conditions specified in the BTA. Kotak Mahindra Asset Management Company (Kotak AMC) and Kotak Alternate Asset Managers (KAAML) (both being wholly owned subsidiaries of Kotak Bank) have entered into non-binding term sheets with Deutsche Investments India (DIIPL) (which is a subsidiary of DBAG) for referral of clients for Portfolio Management Services and Investment Advisory, respectively. This remains subject to the definitive agreements to be entered into in this regard by DIIPL with Kotak AMC and KAAML, respectively. Kotak Bank will make relevant disclosure(s) upon signing of such definitive agreements.

Kotak Mahindra Bank announced that the Board of Directors of the Company at its meeting held on 02 May 2026, has recommended a Final Dividend of Rs.0.65 per share (i.e.65%), subject to the approval of the shareholders.

Net profit of Kotak Mahindra Bank rose 9.94% to Rs 5423.15 crore in the quarter ended March 2026 as against Rs 4932.76 crore during the previous quarter ended March 2025. Total Operating Income rose 6.29% to Rs 17827.36 crore in the quarter ended March 2026 as against Rs 16771.93 crore during the previous quarter ended March 2025.For the full year,net profit declined 12.83% to Rs 19287.89 crore in the year ended March 2026 as against Rs 22125.99 crore during the previous year ended March 2025. Total Operating Income rose 6.26% to Rs 69781.21 crore in the year ended March 2026 as against Rs 65668.83 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Total Operating Income17827.3616771.93 6 69781.2165668.83 6 OPM %23.4018.52 -25.0224.44 - PBDT7075.426351.10 11 25624.9325185.63 2 PBT7075.426351.10 11 25624.9325185.63 2 NP5423.154932.76 10 19287.8922125.99 -13 Powered by Capital Market - Live News

Kotak Mahindra Bank will hold a meeting of the Board of Directors of the Company on 2 May 2026.