Kotak Mahindra Bank Limited — Important, 02-08-2025: General Updates

Kotak Mahindra Bank navigates a slowing Indian economy, with FY26 GDP growth expected at 6.2% partly due to US tariffs and soft credit demand, despite RBI rate cuts. The bank is executing a multi-year transformation focusing on efficiency and customer centricity. Consolidated PAT rose 21% to ₹22,126 Cr, boosted by strong capital market businesses which contributed 29% to group profit. Standalone PAT increased 19% to ₹16,450 Cr. Net Interest Income grew 9% to ₹28,342 Cr with NIM at 4.96%. Asset quality remains stable (Net NPA 0.31%), and capital adequacy is robust at 22.2%. The bank also completed the acquisition of Standard Chartered's personal loan portfolio.