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Kotak Mahindra Bank LimitedBoard Meeting, 03-05-2025: Outcome of Board Meeting

03-05-2025 | 02:04 pm

Kotak Mahindra Bank has announced a board meeting on the financial results for the quarter and half-year. Consolidated net profit surged to ₹22,126 Cr from ₹18,213 Cr a year ago, with total income rising to ₹1,03,076 Cr. Advances stood strong at ₹4.86 lakh Cr, while deposits hit ₹4.95 lakh Cr. Operating profit reached ₹29,045 Cr, supported by a solid capital adequacy ratio of 22.25%. Retail banking and digital income gained momentum, with digital banking contributing over ₹2,171 Cr. The board proposed a dividend of ₹2.50 per share, signaling confidence in sustained growth.

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