Kotak Mahindra Bank Limited — Important, 03-05-2025: General Updates

Kotak Mahindra Bank has announced a board meeting on the financial results for the quarter and half-year. Consolidated PAT rose 5% QoQ to ₹4,933 cr, with RoE at 12.90% and RoA at 2.36%. Advances grew 18% YoY and deposits 16%. Asset quality improved with NNPA at 0.31% and credit cost at 0.60% for the year. Kotak Mahindra Prime and AMC reported strong PAT growth of 27% and 34% YoY. Digital banking momentum continues, with customer assets up 13% to ₹477,855 cr; cost/income ratio stands at 47.7%.