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 net profit after tax rose to ₹22,126 Cr for FY25 from ₹18,213 Cr, supported by strong net interest income of ₹65,669 Cr and other income of ₹37,407 Cr. Advances increased to ₹4.86 lakh Cr and deposits to ₹4.95 lakh Cr. The bank’s capital adequacy ratio is robust at 22.25%. It completed a 70% stake sale in its general insurance arm to Zurich, gaining ₹3,803 Cr pre-tax. Asset quality remains healthy with Gross NPA at 1.45%.