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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.

Net profit of Kotak Mahindra Bank rose 4.75% to Rs 4924.29 crore in the quarter ended December 2025 as against Rs 4701.02 crore during the previous quarter ended December 2024. Total Operating Income rose 5.25% to Rs 17506.80 crore in the quarter ended December 2025 as against Rs 16633.14 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Total Operating Income17506.8016633.14 5 OPM %20.4136.30 - PBDT6533.346180.08 6 PBT6533.346180.08 6 NP4924.294701.02 5 Powered by Capital Market - Live News