02-Jul-2026 11:58:35

KOTAK MAHINDRA BANK : LOAN PORTFOLIO ASSIGNED BY SUBSIDIARY

• Kotak Mahindra Investments Limited (KMIL) has directly assigned its loan portfolio to Kotak Mahindra Bank. • The assigned loan portfolio amounts to ₹9,587.62 crore as on July 1, 2026. • This assignment is part of the bank's decision to conduct KMIL's business activities departmentally. • The move aims for group simplification and operational synergies. • The acquisition was previously intimated on May 30, 2026, with an aggregate outstanding amount of ₹10,639 crore.

Kotak Mahindra Bank Limited

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