Kotak Mahindra Bank Limited — Important, 19-10-2024: Financial Result Updates

Kotak Mahindra Bank Ltd. reported its consolidated and standalone unaudited financial results for the quarter and half-year ending September 30, 2024. The standalone net profit after tax reached ₹9,593.54 crore, while consolidated net profit amounted to ₹12,492.21 crore. Key highlights include strong interest income growth and a significant capital adequacy ratio of 22.61%. The bank announced plans to acquire a personal loan book from Standard Chartered Bank, subject to regulatory approvals.