Kotak Mahindra Bank Limited — Important, 29-04-2025: General Updates
29-04-2025 | 07:28 pm
29-04-2025 | 07:28 pm
Kotak Mahindra Bank has successfully made interest payments of approximately ₹272.48 Cr on its Non-Convertible Debt Securities across five issues due in FY 2024-25. The bank maintains a strong AAA credit rating from major agencies, highlighting its robust financial health and low credit risk. Additionally, the extinguishment of ₹500 Cr in 8.10% Perpetual Non-Cumulative Preference Shares this fiscal year showcases effective capital management. These developments reinforce Kotak Mahindra Bank's operational stability and bolster investor confidence.
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